dmo

  1. Every Nigerian Owes N724,000 as National Debt Hits N159.28trn – DMO

    Nigeria Every Nigerian Owes N724,000 as National Debt Hits N159.28trn – DMO

    The Digest: Nigeria's total public debt stood at N159.28 trillion as of December 31, 2025, translating to an average debt burden of about N724,000 per citizen, according to Daily Trust analysis of DMO data. Domestic debt accounts for 53.27% at N84.85 trillion, while external debt is N74.43...
  2. Lagos Tops List as States' Debt Balloons to N4.002trn, 10 States Hold 67%

    Nigeria Lagos Tops List as States' Debt Balloons to N4.002trn, 10 States Hold 67%

    The Digest: Nigeria's 36 states and the Federal Capital Territory (FCT) incurred a combined debt of N4.002 trillion as of September 30, 2025, according to the Debt Management Office (DMO). The subnational debt represents 2.61% of Nigeria's total public debt, which stood at N153.29 trillion...
  3. FG to Borrow N800bn via February Bonds, Doubling Last Year's Offering

    Nigeria FG to Borrow N800bn via February Bonds, Doubling Last Year's Offering

    The Digest: The Debt Management Office (DMO) has announced plans to raise N800 billion through its February 2026 Federal Government bond auction, more than double the N350 billion offered in February 2025. According to the bond circular published Monday, the offer comprises N400 billion of...
  4. Nigeria’s Public Debt Rises to ₦152.4 Trillion, DMO Reports

    Nigeria Nigeria’s Public Debt Rises to ₦152.4 Trillion, DMO Reports

    The Digest: According to the Debt Management Office (DMO), Nigeria's total public debt stock climbed to ₦152.40 trillion as of June 30, 2025, marking a ₦3.01 trillion increase in just three months, driven by borrowing to fund fiscal deficits. Rooted in the Storm. Key Points: Nigeria's...
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