Debt Management Office

The Debt Management Office (DMO) has debunked claims that a company belonging to the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has secured a Transaction Adviser deal for the next Eurobond. According to…

Through Ways and Means Advances, the Federal Government of Nigeria has borrowed total sum of N22 trillion from the Central Bank as at August 2022, up from about N20.6 trillion in July. In August alone, FG's borrowing from the apex bank…

Nigeria will from October 17 begin the issuance of bonds to activate the Debt Management Office (DMO) Borrowing plan in the fourth quarter of the year. In the calendar drawn by the agency, it will on Oct. 17 re-open a 14.55 per cent,…

The Debt Management Office (DMO) on Monday announced two new Federal Government of Nigeria (FGN) savings bonds offer at N1,000 per unit for October. According to the DMO, on its website, the first one is a two-Year FGN Savings Bond due…

The Infrastructure Concession Regulatory Commission (ICRC) said that it is readily available to assist the 36 states and the Federal Capital Territory to take on viable infrastructure projects using Public Private Partnerships (PPP).…

Abdullahi Adamu, national chairman of the All Progressives Congress (APC), has said President Muhammadu Buhari’s government can borrow money “till eternity” for the country, so long as the money is being used for infrastructural…

The total amount of dividends paid by five commercial banks increased slightly by 6.57 per cent to N168.19 billion in 2021 from N157.83 billion in 2020, insidebusiness.ng can report. According to the banks' financial statements, the…

The Debt Management Office (DMO) has revealed that Nigeria's total public debt in terms of debt service-to-revenue ratios was high, despite increased borrowing by the Federal Government. DMO disclosed this in the 'Nigeria’s 2021 Debt…

Nigeria’s gross external reserves rose minimally by 0.48 per cent or $189.41 million in the first week of July to the highest point in about two months, insidebusiness. ng can report. Analysis of data from the Central Bank of Nigeria…

Debt Management Office (DMO), has listed N250 billion Ijarah Sovereign Sukuk due 2031 on the Nigerian Exchange (NGX). The Ijarah Sovereign Sukuk which was issued on December 29, 2021, would finance the rehabilitation and construction of…