By Seun Ibiyemi Nigeria’s public debt surged by 48.5 per cent year-on-year (YoY) to N144.67 trillion ($94.23 billion) in 2024, up from N97.34 trillion ($108.23 billion) in 2023. This was disclosed by the Debt Management Office (DMO) in its most…
By Seun Ibiyemi The Debt Management Office (DMO) says the Federal Government has been able to raise a total of N1.09 trillion through the Sovereign Sukuk since 2017, to support infrastructure development. The Director-General of the DMO, Patience Oniha, said…
The Debt Management Office (DMO) says the Federal Government has been able to raise a total of N1.09 trillion through the Sovereign Sukuk since 2017, to support infrastructure development. The Director-General of the DMO, Patience Oniha, said this on Wednesday…
The Debt Management Office has allotted a total of N271.2bn in the Federal Government’s bond auction held on March 24, 2025. The allotment includes N4.686bn for the 19.30 per cent FGN April 2029 re-opening (five-year bond) and N266.542bn for the…
By Seun Ibiyemi The Debt Management Office (DMO) on Thursday unveiled Stanbic IBTC Stockbrokers Ltd. as the new stockbrokers of the Federal Government. This is coming after the expiration of the tenure of CSL Stockbrokers Ltd., a subsidiary of First…
By Seun Ibiyemi The Federal Government, through the Debt Management Office (DMO), has offered three FGN bonds for subscription by interested investors. The DMO, in its offer circular on Monday, said that the first offer was an April 2029 FGN…
…Offers up to 18.24% The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced the subscription window for the Federal Government Savings Bonds (FGN Savings Bonds) for January 2025. This initiative invites both individual and institutional investors…
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 Federal Government of Nigeria, through the Debt Management Office (DMO), has announced plans to raise N120 billion through the auction of two Federal Government Bonds. The auction, scheduled for December 16, 2024, will offer investors an opportunity to subscribe…
The Federal Government has opened subscriptions for the December 2024 issuance of the FGN Savings Bonds through the Debt Management Office. The FGN Savings Bonds initiative, designed to foster national investment, invites both individual and institutional investors to subscribe from…
