The Federal Government of Nigeria’s (FGN) bond auction for February 2025 saw a substantial increase in investor demand, with total subscriptions rising to N1.63 trillion, a notable jump from the N670.94 billion recorded in January. This heightened interest resulted in…
The recently issued 500 million dollars FGN bond has recorded a subscription of 900 million dollars, indicating an oversubscription to the tune of 400 million dollars. This is according to a statement by Mr Mohammed Manga, Director, Information and Public…
Prof. Uche Uwaleke, a distinguished financial expert and Professor of Capital Market at Nasarawa State University, has lauded the Federal Government’s recent $500 million domestic dollar bond issuance as highly beneficial for both the economy and investors. Uwaleke, who also…
The Debt Management Office (DMO) of Nigeria has released its FGN bond issuance calendar for the third quarter of 2022. This is contained in a document released by the DMO on its website. According to the press release, the issuance…
A stockbroker, Mr Abiodun Fagbohun, says the Debt Management Office designed the Federal Government of Nigeria (FGN) bond to accommodate small-time, retail investors. Fagbohun, the Chief Executive Officer of a stockbroking firm told journalists on Friday in Abuja that the…
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…
Nigeria’s FGN bond issuance for the month of February 2022 by the Debt Management Office (DMO) recorded an oversubscription of N407.7 billion over the intended N150 billion offered by the DMO. This is according to the February 2022 FGN Bond…
Federal Government of Nigeria on Thursday reported bond issuance for the month of January 2021, by the Debt Management Office (DMO) recorded an oversubscription of N139 billion to stand at N214.1 billion despite only seeking to raise N75 billion its…
