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USD/NGN 1,330.27 ▴0.2%GBP/NGN 1,777.88 ▾0.3%USD/NGN black market ₦1,392GBP/NGN black market ₦1,880
USD/NGN 1,330.27 ▴0.2%GBP/NGN 1,777.88 ▾0.3%USD/NGN black market ₦1,392GBP/NGN black market ₦1,880

DMO Borrowed N54.6trn Without Budgetary Approval—Auditor-General

The Debt Management Office (DMO) exceeded the approved borrowing for the country by N54.57 trillion between 2020 and 2024, contracting new domestic and external debt issues totalling N88.67 trillion, the Auditor General…

Aggregated · originally by Leadership
13 Sept 2026, 15:15 WAT · 3 min read
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DMO Borrowed N54.6trn Without Budgetary Approval—Auditor-General

The Debt Management Office (DMO) exceeded the approved borrowing for the country by N54.57 trillion between 2020 and 2024, contracting new domestic and external debt issues totalling N88.67 trillion, the Auditor General…