DMO

Otti: N72bn inherited debt, now settled

 Gov. Alex Otti of Abia has disclosed that his administration has paid N72 billion from the N138 billion debt it inherited from past administrations on assuming office. Otti made this known during a monthly media briefing on Wednesday at the…

DMO allots N271.2bn in FGN bond auction

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…