DMO

Nigeria has redeemed a $500 million Eurobond taken by the administration of ex-President Goodluck Jonathan in 2013. The Debt Management Office (DMO), which disclosed this in a statement issued in Abuja, on Wednesday, said the Eurobond…

The Federal Government is targeting to raise N1.2 trillion from bonds in the third quarter (July and September) of 2023. The Bond Issuance Calendar of the Debt Management Office released on Tuesday indicated that the federal government…

The Debt Management Office (DMO) has opened an auction for its fourth tranche of the N360 billion savings bond. Consequently, it has sought applications of 1,000 per unit subject to a minimum subscription of N50,001,000 and in multiples…

Nigeria’s Debt Management Office (DMO), last week, over-allotted N545.26 billion instruments during the bond auction, about 48.5 per cent higher than the offer amount. This week, however, a total sum of N605.45bn system liquidity…

Amid growing prices of food, poverty, and insecurity, Nigeria's public debt stock grew to N46.25 trillion or $103.11 billion in Year 2022, plunging the country deeper into a debilitating debt trap following a borrowing spree undertaken by…

The Debt Management Office (DMO), on Monday offered two Federal Government of Nigeria (FGN) Savings Bonds for subscription at N1,000 per unit. According to the DMO, the first offer is a two-year FGN Savings Bond due on March 15, 2025, at…

Nigeria’s Debt Management Office (DMO) said its February 2023 Federal Government of Nigeria (FGN) bond auction was oversubscribed by 100 percent at N724.9 billion. The oversubscription, an indication of investor confidence, is…

Nigeria’s Debt Management Office (DMO) is offering federal government instruments worth N225 billion through re-openings of four long-tenor bonds at rates that markets analysts believe are likely to influence the sentiments in the secondary…

The Debt Management Office (DMO) has announced two Federal Government of Nigeria (FGN) Savings Bonds for subscription, the first for 2023. The nation's Debt Office said the first is a two-year FGN Savings Bond due on January  …

In four years covering September 2017 to December 2021, Nigeria’s Debt Management Office (DMO) raised N615.557 billion Sukuk debt for the rehabilitation and construction of new roads across the…