FG raises N211.144 billion from December FGN bond auction
The Federal Government raised a total of N211.144 billion from its December 2024 bond auction, significantly lower than the N346.155 ...
Tag: DMO
News and analysis about DMO
FG plans to raise N120 billion in December bond auction
The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced plans to raise N120 billion through the ...
More loans, more pains and the season of discontent
I hear that the National Assembly has approved the external borrowing of $2.2 billion for the Tinubu administration to address ...
FG Promissory Notes rise to N1.65 trillion, up 114% in one year under Tinubu
Nigeria's Debt Management Office (DMO) reports that the federal government's Promissory Notes debt surged to N1.65 trillion as of June ...
Federal government’s domestic debt stock hits N66.957 trillion in H1 2024
The Debt Management Office (DMO) reports that the federal government's domestic debt stock by instrument reached N66.957 trillion by the ...
Nigeria’s public debt hits N134.3 trillion in Q2 2024
Nigeria's public debt stock surged to N134.3 trillion ($91.3 billion) by the end of the second quarter of 2024.
DMO blames system issues for delay in coupon payment on FGN savings bonds
The Debt Management Office (DMO) has attributed the recent delay in coupon payments to savings bond subscribers to system and ...
FG seeks N150 billion from bond market in September 2024
The federal government, through the Debt Management Office (DMO), is set to raise N150 billion from the bond market in ...
Naira rebounds below N1,600/$1 after three-day decline on official market
The naira made a notable recovery in the official market on September 6, 2024, closing at N1,593.32/$1, marking a 2.89% ...
Nigeria emerges third-largest debtor to World Bank’s IDA, gets $2.2 billion under Tinubu
Nigeria has ascended to become the third-largest debtor to the World Bank's International Development Association (IDA) as of June 30, ...
