Tag: Debt Management Office (DMO)

Tinubu’s ₦38 Trillion Loan Sparks Fear as Nigeria’s Debt May Rise to ₦182 Trillion

In May 2025, President Bola Tinubu sent a letter to the National Assembly requesting approval for a new…

DMO: Nigeria owes World Bank, IMF, AfDB $31.98bn

The Debt Management Office (DMO) has disclosed that Nigeria took loans worth $31.98 billion from World Bank Group,…

70% of Nigeria’s revenue now derived from tax, says FIRS boss

The Executive Chairman of the Federal Inland Revenue Service, Mohammed Nami has stated that taxes now account for…