Patience Oniha

The Debt Management Office (DMO) said Nigeria’s debt service to revenue ratio in 2022 reached 100 per cent. DMO’s Director General, Patience Oniha, disclosed this recently at a technical round-table on an economic blueprint for President…

Emeka Okoroanyanwu Nigeria's debt stock has hit the N50 trillion mark, a release by the Debt Management Office (DMO) has said. The DMO said the county's total public debt stock of Nigeria as at March was N49.95 trillion (108.30 billion…

The Senate has approved President Muhammadu Buhari’s request for the authourisation of N2.343 trillion ($6.183 billion USD) as External Borrowing in the 2021 Appropriation Act. This was just as it directed the Minister of Finance, Budget…

 Nigerian economy is at present going through a big challenge with rising debt and inflation, stagnant growth, big infrastructural gap and low oil revenue. The country is majorly dependent on oil and the crash of global oil prices a few…