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…
The Debt Management Office (DMO) reports that the federal government’s domestic debt stock by instrument reached N66.957 trillion by the first half of 2024, marking an 8.74 percent increase from N61.578 trillion at the end of Q1. The government incurred…
Nigeria’s public debt stock surged by N12.6 trillion between March and June 2024 amid continued depreciation of the naira which has remained pressured despite the Central Bank of Nigeria’s efforts to shore up the local currency. This spike in the…
The Debt Management Office (DMO) has offered two Federal Government of Nigeria (FGN) bonds for subscription in October at N1,000 per unit. According to a statement issued by DMO, the first offer is a two-year FGN savings bond due on…
The Federal Government, through the Debt Management Office (DMO), has offered three FGN bonds valued at N150 billion for subscription at N1,000 per unit. According to a statement by the DMO on Monday, the first offer is an April 2029…
By Esther Agbo The Federal Government of Nigeria, through the Debt Management Office (DMO), plans to raise N150 billion from the bond market in September 2024. This figure marks one of the smallest bond offerings of the year, signalling a…
The Federal Government of Nigeria, via the Debt Management Office (DMO), has launched a fresh round of Federal Government of Nigeria (FGN) savings bonds for September 2024, offering attractive yields that reflect the current high-interest environment. Investors have until September…
By Seun Ibiyemi The Federal Government, through the Debt Management Office (DMO), has re-opened three FGN bonds valued at N190 billion for subscription at N1,000 per unit. According to a statement by the DMO on Wednesday in Abuja, the first…
The Federal Government, through the Debt Management Office (DMO), has re-opened three FGN bonds valued at N190 billion for subscription at N1,000 per unit. According to a statement by the DMO on Wednesday in Abuja, the first offer is an…
