Nigeria’s public debt stock surged by N12.6 trillion between March and June 2024 amid continued depreciation of the naira which has remained pressured despite the Central Bank of Nigeria’s efforts to shore up the local currency. This spike in the…
The Debt Management Office (DMO) has offered two Federal Government of Nigeria (FGN) bonds for subscription in October at N1,000 per unit. According to a statement issued by DMO, the first offer is a two-year FGN savings bond due on…
The Federal Government, through the Debt Management Office (DMO), has offered three FGN bonds valued at N150 billion for subscription at N1,000 per unit. According to a statement by the DMO on Monday, the first offer is an April 2029…
By Esther Agbo The Federal Government of Nigeria, through the Debt Management Office (DMO), plans to raise N150 billion from the bond market in September 2024. This figure marks one of the smallest bond offerings of the year, signalling a…
The Federal Government of Nigeria, via the Debt Management Office (DMO), has launched a fresh round of Federal Government of Nigeria (FGN) savings bonds for September 2024, offering attractive yields that reflect the current high-interest environment. Investors have until September…
By Seun Ibiyemi The Federal Government, through the Debt Management Office (DMO), has re-opened three FGN bonds valued at N190 billion for subscription at N1,000 per unit. According to a statement by the DMO on Wednesday in Abuja, the first…
The Federal Government, through the Debt Management Office (DMO), has re-opened three FGN bonds valued at N190 billion for subscription at N1,000 per unit. According to a statement by the DMO on Wednesday in Abuja, the first offer is an…
The Debt Management Office (DMO) has offered two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. According to a statement by the DMO on Monday in Abuja, the first offer is a two-year FGN savings…
The Federal Government of Nigeria (FGN), through the Debt Management Office (DMO) has opened the sale of its Savings Bond to retail investors with a lower return than last four months auctions. The offer which opened Monday July 1, closes…
The Debt Management Office (DMO) has clarified that Nigeria’s fresh borrowing was N7.71 trillion in the first quarter of 2024. The fresh borrowing includes N2.81 trillion as part of the new domestic borrowing of N6.06 trillion provided in the 2024…
