Nigeria’s FG, states’ public debt stock hits N19.6trn, says DMO

Nigeria’s total public debt rises to N27.4tn –DMO

Nigeria’s public debt stock for both the Federal Government and the states as at June 30 stood at N19.63 trillion, a document by the Debt Management Office (DMO) says. The document obtained from the DMO website Monday, according to NAN said the domestic debt of states stood at N3 trillion, as the Federal Government spent N253.3 […]

Dufil, privately held Nigerian noodle firm, to raise N40bn from debt market

Nigeria-based West Africa leading noodle company, Dufil Prima Food, is putting finishing touches to its plans to raise N40 billion from the Nigerian debt market, it has emerged. The debt being raised is equivalent to $131 million. Popularly known across the sub-region for its leading products, Indomie, the company is now well diversified as a […]