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Director, Defence Media Operation, Major General John Enenche, who made this known at a media briefing, also indicated that the DHQ has provided three additional treatment and isolation centres of its own.

DHQ absolves personnel as Tiv leaders accuse troops of raping their women

The Defence Headquarters, DHQ, on Saturday denied allegation of leaders of Tiv people in Taraba State under the aegis of Tiv Cultural and Social Association (TCSA) accusing Nigerian military personnel deployed in Taraba State of raping their wives and daughters and also destroying their properties in the name of manhunt for bandits in Southern Taraba.
Governor David Nweze Umahi

N2 billion loan: Ebonyi indigenes seek holistic probe of state’s finances

Ambassador Paschal Oluchukwu, Convener of the Association of Ebonyi State Indigenes in Diaspora (AESID), has urged the nation’s anti-graft agencies to immediately undertake an holistic probe of the finances of Ebonyi State in the last 16 years in the light plethora of its abandoned projects and huge debt overhang.
Debt Management Office (DMO)

Nigeria begins sale of N150 billion sovereign Sukuk at 11.2 percent

The Federal Government on Thursday began the sale of its third tranche 7-year N150 billion Sovereign Sukuk, the Debt Management Office (DMO) said.
Femi Adesina, spokesman of President Muhammadu Buhari

Presidency: Nothing wrong with taking more loans

There is nothing wrong in taking more loans to finance specific projects, the Presidency said on Sunday.
Speaker of the House of Representatives, Rep. Femi Gbajabiamila on the floor, moving a bill on the Repeal of Quarantine Act, 2004 at plenary yesterday at National Assembly Abuja. . Photo by Gbemiga Olamikan. 2

House of Reps seek review, cancellation of Chinese loans to Nigeria

House of Representatives yesterday mandated its Committees on Treaties, Protocols and Agreements, Finance as well as Debt Management, DMO, to liaise with the Ministry of Finance and the DMO Office to seek review or outright cancellation of latest Chinese loans to Nigeria on the principle of force majeur.
The National Industrial Court in Abuja has ordered the Nigerian Bulk Electricity Trading (NBET) to pay a whistleblower, Sambo Abdullahi, all his salaries and other emoluments from December 22, 2017, till date.

President Buhari reconstitutes NBET board

President Muhammadu Buhari has reconstituted the Board of Directors of the Nigeria Bulk Electricity Trading Company Plc (NBET).
Debt Management Office (DMO)

Nigeria converts N850 billion external borrowing to finance budget deficit

To cushion the effect of the Coronavirus pandemic on the the economy, the Federal government plans to borrow the N850 billion External Borrowing approved in the 2020 Appropriation Act to Finance the Budget deficit.
Director, Defence Media Operation, Major General John Enenche, who made this known at a media briefing, also indicated that the DHQ has provided three additional treatment and isolation centres of its own.

DHQ: We bombed Boko Haram leaders during Borno meeting

Military jets deployed by the Air Task Force of Operation Lafiya Dole killed some leaders of the Islamic State of West Africa Province and Boko Haram fighters during a meeting at Kolloram on the fringes of the Lake Chad in Borno State.
Debt Management Office (DMO)

DMO: FGN bond auction for April 2020 oversubscribed by 459 percent

The Debt Management Office (DMO) on Wednesday conducted the FGN Bond Auction for April 2020, indicating over subscription level of 459 percent.
Troops of 26 Brigade Garrison on patrol and escort duties of civilian merchants and commuters along Wala village and adjoining communities in Borno on Saturday had a fierce encounter with desperate and hungry Boko Haram terrorists’, who had laid an ambush, ready to pounce on food and other essentials.

Military neutralizes Boko Haram, ISWAP insurgents in Yobe

The Military High Command on Sunday said that the Nigerian troops currently waging war against the insurgents in the North East region have successfully neutralized 10 terrorists with the recovery of several weapons and assorted hard drugs.
Director, Defence Media Operation, Major General John Enenche, who made this known at a media briefing, also indicated that the DHQ has provided three additional treatment and isolation centres of its own.

Nigeria reacts to Chad’s threat to pull out of anti-terror war

The Nigerian Military has, therefore, advised its Chadian counterparts to channel any misgivings they have about Operation Safe Corridor with the policy of accepting, deradicalizing and reintegrating repentant Boko Haram terrorists back into society, through government to government processes.

DMO issues N968 billion promissory notes to oil marketers, states, others

The Debt Management Office (DMO) as at February 29, 2020 issued a total of N968,092,181,889.00 Promissory Notes to oil marketers, state governments, federal government agencies and exporters on behalf of the Federal Government of Nigeria (FGN).
Debt Management Office (DMO)

Investors stake N458.2 billion for N140 billion FGN Bond

The appetite of investors to take up Federal Government Bond has remained unabated, as they staked a total of N458.2 billion for the N140 billion bond put on offer by the Debt Management Office (DMO), yesterday.

FRC: Debt exceeds revenue in 36 states, FCT

All the 36 states of the federation contravened the guidelines of the Debt Management Office by contracting debts exceeding their 12-month revenues, the Fiscal Responsibility Commission has said.

DMO: Nigeria public debt stands at N26.2 trillion

The Debt Management Office (DMO) says the total public debt as at September 2019 stood at N26.215 trillion.
Edo State Governor Godwin Obaseki, has asked the Peoples Democratic Party to show proof of allegations that the state treasury is empty.

Edo governor dares PDP to prove allegation of empty treasury

Edo State Governor Godwin Obaseki, has asked the Peoples Democratic Party to show proof of allegations that the state treasury is empty.
President Muhammadu Buhari is back in the country after his private visit to the United Kingdom.

DMO: President Buhari’s government inherited whooping $63.8 billion debt not paltry $7 billion

The Debt Management Office (DMO) has revealed that the President Muhammadu Buhari-led administration inherited a debt of $63.81 billion when it came into power in 2015.

Ministers seek approval for President Buhari’s $22.7 billion loan request

Ministers on Tuesday made a case for the approval of the $22.718 billion loan request made by President Muhammadu Buhari to the National Assembly.

Recent Stories

Presidential panel grills four EFCC sectional heads

The Justice Ayo Salami-led presidential investigation panel probing corrupt allegations levelled against the suspended Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, on Tuesday grilled four-unit heads of the commission.

Lagos assemblymen go for coronavirus tests, fumigate complex

The Lagos State House of Assembly has directed all lawmakers to go for COVID-19 test following the death of the Chairman, House Committee on Information, Strategy and Security, Tunde Braimoh.
President of the Nigeria Labour Congress (NLC), Mr Ayuba Wabba

Labour hails Nigerian government for remitting N7.45 billion workers’ retirement benefits

The Nigeria Labour Congress has commended the Federal Government for remitting N7.45 billion accrued rights and benefits into the retirement savings accounts of federal retirees covering April and May 2019.
CHRIS OKOTIE

Chris Okotie: Online church service unbiblical

Pastor of the Household of God Church International Ministries in the Oregun area of Lagos State, Reverend Chris Okotie, says online church service, which has become the order of the day due to the COVID-19 pandemic, is unscriptural.

Nigerian Breweries donates palliatives to journalists in Imo

The Nigerian Breweries Plc on Tuesday donated food items, sanitiser and drinks to members of the Correspondent Chapel of the Nigeria Union of Journalists (NUJ) in Imo.