DMO

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Public debt rose to N17.36trn in 2016 — DMO

The Debt Management Office, DMO, yesterday, said Nigeria’s total outstanding public debt rose to N17.360 trillion as at end of December 2016, an increase of 37.74 per cent, compared to N12.604 trillion in the corresponding year in 2015.

DMO: Giving Nigerians a bond

Hawking is a familiar word in Nigeria that immediately connotes the streets. It is the vocation of a majority of the masses of the country. Nearly everything is hawked on the streets of our cities, from sachet water to household items.

DMO urges Nigerians to invest N5,000, N50m in FGN Savings Bond

THE Debt Management Office, DMO, has called on Nigerisans to invest a minimum of N5,000 and maximum of N50million in Federal Government Savings Bond, FGNSB, adding that any amount higher than N50million should be invested in the old bond, known as Federal Government of Nigeria Bond, FGNB.

FG needs new plan on economy – DMO

ON the heels of the Federal Government’s plan to borrow US$29.9 billion over the next two years, the Debt Management Office (DMO) has said that there was an urgent need for the Federal Government to formulate an economic blueprint or road-map for the medium term.

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