The Debt Management Office (DMO) has announced that it is offering on behalf of the Federal Government 2 more Federal Government of Nigeria (FGN) savings bonds for subscription. The first offer is a 2-year FGN savings bond which will be…
The Debt Management Office (DMO) says it received 300 successful bids in the recently released Federal Government of Nigeria (FGN) bonds offer. The DMO, in a statement on Wednesday said the bonds offer were oversubscribed to the tune of N34.15…
The Debt Management Office (DMO) has offered three new Federal Government of Nigeria (FGN) bonds valued at N225 billion for subscription through auction in April. They are a N75 billion FGN bond at 13.5 per cent interest rate, due in…
The Debt Management Office (DMO), on behalf of the Federal Government has announced the offer for subscription of the February 2022 Federal Government Savings Bond to investors. This disclosure is contained in a circular issued by the DMO and can…
The Debt Management Office (DMO) has released schedule of local borrowings of about N720billion by the Federal Government for the second quarter. The schedule is contained in the DMO’s “FGN Bonds Issuance Calendar For The Second Quarter, 2022.” The calendar…
The Debt Management Office (DMO) has revealed that the reason for Nigeria’s rising government debt levels is due to increasing budget deficits over the years. This was disclosed by the Director-General of DMO, Patience Oniha in an interview with journalists…
Nigeria spent a sum of N2.05 trillion to service its domestic debts in the year 2021, representing an increase of 10.8per cent compared to the N1.85 trillion incurred in the previous year This is according to the report on Nigeria’s…
The Debt Management Office (DMO), on Thursday in Lagos held an awareness programme on Securities Issuance. The Director-General of DMO, Patience Oniha said the aim was to sell the various existing Federal Government of Nigeia (FGN) securities to the Nigerian public.…
Nigeria’s FGN bond issuance for March 2022 by the Debt Management Office (DMO) recorded an oversubscription of N448.42 billion over the intended N150 billion offered by the DMO. This is according to the March 2022 FGN Bond auction result issued…
The Federal Government has incurred N950bn new domestic borrowing between January 2022 and March 11, 2022, the Debt Management Office has revealed. The fresh borrowing was disclosed on March 17 in the presentation of the Public Debt Data as of…
