The Debt Management Office (DMO), has restated the need for Nigeria to operate an efficient tax administration to tackle revenue challenges. Director-General of DMO, Patience Oniha, made the call at the 2022 annual conference with the theme: “Nigeria’s Public Debt…
The Debt Management Office (DMO) offered N100 billion “Ijarah Sukuk’’ bonds for subscription at N1,000 per unit on Monday on behalf of the Federal Government. It stated in Abuja that the offer is of 10-year tenor due for maturity in…
The Debt Management Office (DMO) raised a sum of N269.15 billion from its November 2022 FGN Savings Bond issuance on behalf of the Federal Government, as subscriptions hit 152.9 per cent. This is according to information in the November 2022…
The Debt Management Office (DMO) says there is urgent need for the Federal Government to moderate the rising trend of borrowings to ensure debt sustainability. The Director-General of DMO, Patience Oniha, said this on Thursday in Abuja, at a Workshop…
By Idris Bakare The Debt Management Office has disclosed that it has been difficult for Nigeria to borrow from the international markets as global lenders and investors are shunning countries with Category ‘B’ economic ratings. According to the Director-General of…
The House of Representatives Committee on Aids, Loans and Debt Management on Monday grilled the Director-General, Debt Management Office (DMO), Ms Patience Oniha, over rise in domestic debts totalling N3.3 trillion in 2023. The Chairman of the Committee, in Abuja,…
The Debt Management Office (DMO) has announced issuance of two Federal Government of Nigeria (FGN) Savings Bonds for subscription at N1,000 per unit. According to a statement by the DMO via its website on Monday, the first offer is a…
The Debt Management Office has failed to raise N117bn from the sales of Federal Government]s N225bn Bond programme as subscription levels weakened in its October FGN bond auction. The auction document on the DMO’s website showed that the agency offered…
The Nigerian Debt Management Office, DMO has offered three Federal Government Bonds, which are valued at N225 billion for subscription. This disclosure is contained in a circular on the website of the DMO’s office. The bonds include; 14.55 per cent,…
The Debt Management Office (DMO) has released its Federal Government of Nigeria (FGN) Bonds Issuance Calendar for the fourth quarter of 2022. The calendar contains a N720 billion borrowing plan for the period. According to the calendar, on Oct. 17,…
