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…
..Rising debts portend sustainability concerns — Muda Yusuf …Borrowing must be project-tied for efficiency — Akinola Abimbola Abatta and Ariemu Ogaga Nigeria’s total external and domestic debts, according to the Debt Management Office (DMO), hit N39.55trillion in December, 2021. The amount,…
The Debt Management Office (DMO) says Federal Government of Nigeria’s (FGN) savings bonds are acceptable as collateral for loans in banks. Clarifying issues surrounding the savings bonds, its Director-General, Ms Patience Oniha, stated on Wednesday in Abuja that the bonds…
By Seun Ibiyemi The Debt Management Office (DMO), has offered two additional Federal Government of Nigeria (FGN) bonds for subscription for the month of March. According to DMO, the first offer is a two-year Savings Bond which will be due…
The Debt Management Office (DMO) has faulted the projection of the International Monetary Fund (IMF) that Nigeria might spend over 92 per cent of its revenue on debt servicing in 2022. The IMF, which made the projection in its 2021…
The Debt Management Office (DMO), has announced two Federal Government of Nigeria (FGN) bonds for subscription for the month of February, at N1000 per unit. In a statement on its website on Tuesday, the DMO explained that the first offer…
The Director-General of the Debt Management Office (DMO), Patience Oniha, says the over subscribed portion of the N250 billion, 2021 Sovereign Sukuk, which attracted N865 billion, was returned to investors. Oniha made this known on Thursday, in Abuja, at a…
The Debt Management Office (DMO) has released a calendar for the issuance of bonds for the first quarter of 2022 (Q1-2022). The calendar shows that on Jan. 16, DMO will issue a N70 billion to N80 billion, four years and…
The Debt Management Office (DMO) has released a calendar for the issuance of bonds for the first quarter of 2022 (Q1-2022). The calendar shows that on Jan. 16, DMO will issue a N70 billion to N80 billion, four years and…
