The nation’s debt profile has risen to N22.38 trillion within the last six months, the Debt Management Office (DMO) has said. The current debt profile indicates...
The Federal Government has offered for subscription two savings bonds to investors for August 2018 as part of the capital raising for the 2018 Budget. The...
The Debt Management Office (DMO) said the government would not be able to borrow more than $6.25 billion (N1.91 trillion) in the 2018 fiscal year, even...
The Federal Government of Nigeria Friday issued its pioneer Sovereign Green Bond worth N10.69 billion. This makes the country the first African nation to issue a...
The Federal Government offered for subscription two savings bonds to Investors for July 2018, the Debt Management Office (DMO) has said. The DMO, which is offering...
To reduce their exposure to huge indebtedness, the state governments can no longer borrow from the banks or the bond market without the express approval of...
There are indications that the short-term bonds of the Federal Government are no longer attractive as its five-year and seven-year tenor bonds in May were poorly...
The Director-General of the Debt Management Office (DMO), Patience Oniha, on Monday, said the federal government must take loans to fund the 2018 budget and capital...
The Debt Management Office on Tuesday announced that the controversial Federal Government’s N100 billion debut Sukuk offer, which closed last Friday, was oversubscribed by 5.87 per...
The National Bureau of Statistics (NBS) disclosed Tuesday that Nigeria’s total foreign and domestic debts as at June 30 stood at about $15.05 billion and N14.06...
The Federal Government’s bond auction carried out by the Debt Management Office (DMO) Wednesday fell short of expectations as investors avoided the offers over yield drop....
By Achilleus-Chud Uchegbu… Everything about the Paris Club Refund seems very shadowy. So far, the Federal Ministry of Finance has shielded Nigerians from detailed information about...
Any state government that fails to adopt a new strategy in its fiscal policy will no longer get support from the Federal Government, as the era...
The Central Bank of Nigeria (CBN) Tuesday, warned that Nigeria’s economy may relapse into a protracted recession, citing the N2.5 trillion budget deficit recorded by the...
What can be described as a severe cash crunch situation has started hitting Nigerian banks and may worsen unless the Central Bank of Nigeria(CBN) puts urgent...
In its bid to attract more foreign investments and meet its projected 30 per cent increase in dollar supply in the forex market, the Central Bank...
The Debt Management Office (DMO) has disclosed that Nigeria’s total debt rose by N4.76tn in 2016. This information was contained in the DMO’s 2016 Annual Report...
Director General of the Debt Management Office (DMO), Dr Abraham Nwankwo, will bow out of office today (Friday) having put in 10 years in that capacity....
Barely 48 hours of the Central Bank of Nigeria (CBN) mopping up excess currency in circulation in Nigeria, with sale of N133.24 billion in Treasury Bills,...
Nigeria’s total debt rose to N19.2 trillion naira as of March 2017, from N17 trillion, as at the end of 2016, so said the Debt Management...
Nigeria through the Debt Management Office (DMO) has concluded plans to raise a total of N135 billion ($429.25 million) through sale of naira-denominated bonds at its...
The Federal Government has opened application list for subscription to the second tranche of its Federal Government of Nigeria Savings Bond (FGNSB). The application list for...
The Federal Government has listed its first-ever Federal Government of Nigeria Savings Bond (FGNSB) on the Nigerian Stock Exchange (NSE), paving way for investors in the...
The servicing of Nigeria’s domestic debt gulped N1.23tn in 2016, statistics obtained from the Debt Management Office have revealed. The statistics showed that the highest interest...
In its bid to fund its budget, outside the anticipated foreign loan facilities, Nigeria, through the Debt Management Office (DMO) has concluded plans to offer various...
Nigeria is to witness introduction of an entirely new set of bonds in its financial instrument market from March 13 2017, which is to target low...
Until Nigeria generates enough foreign exchange and finds solution to its over bloated head cost, the country will not cease going to international credit institutions for...
In an attempt to avoid the situation that hampered execution of Nigeria’s 2016 budget, the Federal Government has concluded plans to borrow about N450 billion, internally,...
Federal Government’s planned introduction of first Islamic bond in the domestic market, through the Debt Management Office (DMO), has received negative reviews from the Christian community....
As the Federal Government pushes ahead with its Eurobond aimed at raising hard-currency funds from the global capital market, the Debt Management Office (DMO) has cautioned...
Baring last minute-changes, the Debt Management Office (DMO) will by the second week of November 2016 unveil the full list of banks to participate in the...
The Minister of Finance, Mrs Kemi Adeosun and the Governor of Central Bank of Nigeria, Godwin Emefiele, have incurred the wrath of members of the House...
What looks like s fresh faceoff has resurfaced among top government functionaries on the best approach to an earlier end to Nigeria’s recession and the role...
A key agency of the Federal Government, Debt Management Office, DMO, has faulted the economic plan of the President Muhammadu Buhari administration, asking it to formulate...
Reports emerging from the Debt Management Office (DMO) says Nigeria plans to raise $312.50 million (about N95bn) as its last auction bond market recorded about 25 per cent less yields than anticipated. The DMO in its report of the deal, made available to Ripples Nigeria, indicates that three-ranged local currency bonds were offered for the market reflecting those of: 2021, 2026 and...
Nigeria’s Debt Management Office (DMO), said its one-week roadshow had successfully taken off in London aimed, at promoting a planned $1 billion investment loan into the...
The International Monetary Fund (IMF) has handed down harsher conditions for Nigeria to meet before being bailed out of its present economic recession. This was disclosed...
The Debt Management Office (DMO) on Wednesday revealed that of the 36 states in Nigeria, Lagos, Kaduna, Edo had accumulated 50.5 per cent of the total...
The Debt Management Office (DMO), which oversees Federal Government’s debt issuance programme, has estimated that Nigeria needs $25 billion, about N4.9 trillion, annually for the next...
Nigeria’s debt profile for both domestic and external debts as at December 31, 2015 stands at N12 trillion. According to the Director General of the Debt...
The Federal Government, on Tuesday, said it would raise N100 billion bond from the local market next week as part of its budget deficit funding plans....
The Federal Government says it will compensate oil marketers with about N30 billion to make up for the losses they incurred as a result of naira...
Nigeria’s total debt stock rose to N11.24 trillion from N10.4 trillion or $67.72 billion as at December 31, 2014 according to latest data from the Debt...
