Debt Management Office (DMO) has said that the Federal Government has made adequate budgetary provisions to meet the country’s foreign and local debt obligations. DMO in a statement said Nigeria’s debt management practice is in accordance with relevant legislations and…
The Debt Management Office (DMO) has, again, sought the support of primary dealer market makers (PDMM) to raise more financing for Nigeria’s domestic debt plan. The DMO has an outstanding N1.5 trillion to raise from the Federal Government’s proposed N6…
The Debt Management Office (DMO), on Monday released two New Federal Government of Nigeria (FGN) savings bond offers for subscription. According to the DMO, the first offer is a two-year FGN savings bond due in Nov.15, 2025 at interest rate…
The Washington based-World Bank said Nigeria had spent 96.3 per cent of its 2022 revenue on debt servicing. Word Bank disclosed this in its recent Macro Poverty Outlook for Nigeria: April 2023. Recall that the Debt Management Office said Nigeria’s…
