The Debt Management Office (DMO) is opening an offer to sell a total of N2.5 trillion FGN bonds to members of the public this month. The offers are split into N1.25 trillion for a 7-year tenure and N1.25 trillion for…
The Debt Management Office (DMO) has announced two Federal Government of Nigeria (FGN savings bonds for subscription at N1,000 per unit. The first offer, according to the DMO, is a two-year FGN savings bond due on Feb. 14, 2025,…
The Debt Management Office (DMO) on Tuesday re-opened four Federal Government of Nigeria (FGN) Bonds valued at N360 billion for subscription through auction. In a statement on Tuesday in Abuja, DMO said that the first offer was a March 2027…
By Sodiq Adelakun The Debt Management Office (DMO) of Nigeria has recently listed two savings bonds offered by the Federal Government for subscription. These bonds, which are the first offers in 2024, provide individuals with a unique opportunity to invest…
The African Development Bank Group and the Debt Management Office have revealed that they are seeking to tackle Nigeria and the African continent’s debt challenges through the formation of a debt managers network. Debt sustainability has reached critical levels in…
The Debt Management Office (DMO), says there was a sharp increase in Nigeria’s total domestic debt stock between December 2022 and June. The DMO in a statement clarifying the country’s domestic debt stock on Thursday, said the inclusion of N22.719…
…as DMO redeems $500m eurobond By Sodiq Adelakun In the latest financial update from the Debt Management Office (DMO), Nigeria’s total public debt has been reported to have experienced a slight uptick, reaching N87.91 trillion at the end of September…
Nigeria’s total public debt stock hit N87.91 trillion (114.35 billion dollars) as of Sept. 30, according to a statement by the Debt Management Office (DMO) on Wednesday in Abuja. The DMO said that the amount represented the domestic and external…
The Debt Management Office (DMO) has urged the people of Niger State to consider investing in Federal Government of Nigeria (FGN) securities. This call to action was made during a public awareness event held in Minna, which was a collaborative…
…Auctions N406.10bn worth of T-bills in July By Sodiq Adelakun The Debt Management Office (DMO) has announced the subscription process for two-year and three-year Federal Government of Nigeria bonds for December 2023. The bonds will have an interest rate of…
