As at the end of June 30, each Nigerian now owes about N165,500 to countries, international organisations and domestic investors as government borrowing increased to N35.5...
The Debt Management Office (DMO) has announced an offering for the federal government of Nigeria (FGN) savings bonds at N1,000 per unit. This is according to...
The Debt Management Office (DMO) on behalf of the Federal Government has announced the offer for subscription of the July 2021 FGN Savings Bond. This is...
The cost of servicing Nigeria’s public debts has increased by 62.9 percent in the first three months of the year. A data released by the Debt...
The Debt Management Office (BMO) has defended President Muhammadu Buhari’s loan approval request to the National Assembly on Tuesday, noting that it was not new as...
Nigeria is looking for financial and legal advisers, trustee s and issuing firms to organise its Sukuk bond in the domestic debt market for 2021, the...
Nigeria’s Debt Management Office (DMO) has listed a total of N162.5 billion seven-year Ijarah Sukuk Bond Sovereign Sukuk, due to mature in 2027 on the Nigerian...
The Debt Management Office (DMO) has revealed that Nigeria’s total public debt as at December 31, 2020 now stands at N32.91 trillion. This represents an additional...
The Debt Management Office (DMO) said on Wednesday the Federal Government planned to increase its concessionary long-term loans from home and abroad to finance budget deficits...
The International Monetary Fund (IMF) has projected that for every N100 earned in 2021, Nigeria will be spending N60 servicing its fast-growing debts. This was revealed...
The Director-General of the Debt Management Office (DMO), Patience Oniha, said on Wednesday the Federal Government planned to repay a $500million Eurobond with funds raised from...
The Federal Government of Nigeria (FGN) Bond Auction for December, which was valued at N60 billion, was N70 billion or 220 per cent oversubscribed, data obtained...
Nigerian government’s borrowings derive from perennial budget deficits, the debt office said on Wednesday. Patience Oniha, the Director-General of the Debt Management Office (DMO) made the...
The Debt Management Office (DMO) Saturday rebutted accusations of corruption against it, saying the agency is ‘accountable, transparent and responsible’ in its operations. The debt office...
The Nigerian government’s bonds for August, which were valued at N150 billion and auctioned on Wednesday, were oversubscribed by N92.23 billion, the Debt Management Office (DMO)...
The Nigerian government will auction bonds worth N150 billion by subscription on 19th August, the Debt Management Office (DMO) said on Tuesday. A circular by the...
A recent release by the Debt Management Office (DMO) has placed Lagos, Rivers and Akwa Ibom as leading Nigeria’s most indebted states. The country’s monumental debt burden hardly seems...
The Nigerian government committed N609.135 billion to servicing its debts in the first quarter of this year, the debt office has said. The debt status statistics released by...
The Buhari Media Organisation (BMO) has warned citizens against spreading what it says are false information on the nation’s debt profile, and other matters that had...
President Muhammadu Buhari on Thursday returned to the Senate with the Federal Government’s 2016-2018 external borrowing plan. In a letter addressed to Senate President, Ahmad Lawan,...
The Debt Management Office (DMO) will on Monday, November 4, 2019, sell 2-year and 3-year Federal Government Savings Bond in its November 2019 issue. The savings...
The Debt Management Office (DMO) on Wednesday disclosed that Nigeria’s FGN Bond has continued to attract strong demands from investors. At the end of August 2019...
Data obtained on Monday from the Debt Management Office (DMO) revealed that the South-West region of the country, has more domestic debt than other regions of...
The Debt Management Office (DMO) on Tuesday listed the Federal Government of Nigeria’s second N100bn seven-year Sukuk on the Nigerian Stock Exchange. The Sukuk, which is...
The Debt Management Office, DMO, has said that the Federal Government spent a total of $357.26m in the first three months of 2019 to service external...
Nigeria’s total debt has increased by 2.3% to N24.947 Trillion (US$ 81.274 Billion) as of March 31, 2019. The Debt Management Office (DMO) released the figure...
The Federal Government has disclosed plans to issue a second Green Bond of up to N15 billion. This was disclosed in a statement released on Monday...
Some members of the upper chamber of the National Assembly, on Wednesday, described the debt profile of the country as alarming. The senators, Ike Ekweremadu, Dino...
The Federal Government is again offering for subscription savings bonds with a tenor of two and three years, a circular on Monday from the Debt Management...
The Debt Management Office (DMO) has said the Federal Government has concluded plans to auction N150bn worth of bonds by subscription on February 20. According to...
The Federal Government has kickstarted the auction of savings for the month of February, 2019. According to the Debt Management Office, DMO, the auction commenced on...
The Federal Government is set to auction N150 billion worth of bonds on January 30, the Debt Management Office (DMO) has said. The DMO, in a...
Nigeria Employers’ Consultative Association, NECA, has raised the alarm over the rising debt profile of the country. The association, which described the debt burden of the...
The Debt Management Office (DMO) has revealed that Nigeria’s total debt portfolio leaped from N12.12 trillion as of June 30, 2015 to N22.43 trillion as of...
The Federal Government has commenced the sale of the 2019 savings bonds by offering for subscription two-year savings bond at 12.12 per cent and three-year savings...
The Debt Management Office (DMO) has said the Federal Government will be cutting down on domestic short term borrowing in order to achieve longer maturity for...
The Federal Government, Thursday, issued another N100bn seven-year Sukuk. The new Sukkuk bond will be due in 2025, according to a statement published on the website...
Top officials of the Federal Government, yesterday, began a trouble shooting measure to nip in the bud planned strike by oil marketers over N800 billion oil...
The rising debt profile of the Nigerian government cost it extra N247.46 billion in domestic debt servicing in 2017, statistics from the Debt Management Office (DMO)...
The Debt Management Office (DMO) has blamed the National Assembly for its inability to issue bonds to clear the debts owed oil marketers in the country....
In a bid to rebalance the ratio between local and foreign debts, the Federal Government has said it plans to increase borrowing from foreign sources in...
The Federal Government of Nigeria on Wednesday successfully raised a new $2.86 billion Eurobond. The $2.86 billion however came at a higher interest rate, a move...
One of the fastest and most reliable ways of building financial wealth and planning for retirement in this challenging economy is investing your little earnings rather...
The Director-General of the Debt Management Office (DMO), , said the Federal Government would float the second tranche of N100 billion Sukuk Bond in December. Sukuk...
The Debt Management Office (DMO) has said it was partnering with Nigerian Stock Exchange (NSE), Bloomberg and other relevant bodies to develop Nigeria’s infrastructure. The debt...
The Federal Government may raise a promissory note amounting to N800 billion to offset pension arrears of retired federal workers, New Telegraph has learnt. A promissory...
The Debt Management Office (DMO) on Tuesday said Nigerians have no reason to panic over Federal Government’s borrowing from China. It said there is no risk...
The Federal Government has offered for subscription two savings bonds to investors for September 2018, the Debt Management Office (DMO) said on Tuesday. The DMO, which...
The total external debt owed by the 36 states of the federation and the Federal Capital Territory (FCT), Abuja, rose by $131.55 million within the first...
The Federal Government bond auction for August 2018 aimed at funding capital expenditure in the 2018 Budget was oversubscribed on Wednesday, the Debt Management Office (DMO)...
