The Debt Management Office (DMO) on Tuesday, provided clarifications on media reports that Federal Government of Nigeria, FGN, had raised the sum of N2.129 trillion between January and February 2023 through the issuance of Domestic FGN Securities. The media report…
The Debt Management Office, on Monday presented cheques of N130 billion being Proceeds of the 2022 Sovereign Sukuk offer to the implementing ministries. The implementing ministries were the Federal Ministry of Works and Housing (FMWH) and the Federal Capital Territory…
The Debt Management Office (DMO), on Monday announced an offer of two Federal Government of Nigeria (FGN) savings bonds at N1,000 per unit to prospective investors. According to a statement on DMO’s website, the first offer is a two-year FGN…
By Oladapo Ajiboye Lagos recorded the highest domestic debt in Q3 2022 with N877.03 billion. Lagos State Government tops the highest and ranks first in the report released by the Debts Management Office (DMO) for the third quarter of 2022.…
The Debt Management Office (DMO) has announced the issuance of four bonds of N90billion each. In a statement, the office said there are offers for subscription by auction and that it is authorised to receive applications for “N90 billion with…
The Debt Management Office (DMO) says the alarm created around the country’s projected public debt by a segment of the media is unnecessary. The Director-General, Mrs Patience Oniha, said this in a statement to react to reports by a segment…
The Debt Management Office (DMO) has announced its Dec. issuance of two Federal Government of Nigeria (FGN) Savings Bonds at N1,000 per unit. According to a statement by the DMO, the first offer is a two-year FGN Savings Bond due…
By Idris Bakare The Debt Management Office has said it raised N130 billion from its N100bn Ijarah Sukuk bonds, which were issued on November 21, 2022. In a statement on its website on Monday, the DMO said that it recorded…
By Idris Bakare The N100billion Federal Government Sukuk put on offer has recorded about 165 per cent oversubscription. This is contained in a statement by the Debt Management Office (DMO) on Tuesday in Abuja. The DMO said the sovereign sukuk closed…
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…
