DMO says rising government debt caused by increasing budget deficit
The DMO has revealed that the reason for Nigeria’s rising government debt levels is due to increasing budget deficits over ...
Tag: DMO
News and analysis about DMO
Why Nigeria can not receive crude oil payments in Naira – DMO
The Debt Management Office has explained why receiving crude oil payments in Naira rather than in dollars is not a ...
Nigeria’s domestic debt service gulps N2.1 trillion in 2021
Nigeria spent a sum of N2.05 trillion on domestic debt service as debts rose by N3.49 trillion in 2021
Investors oversubscribe for March 2022 FGN bond by N448.42billion
Instrument's oversubscription indicates that Nigerian investors prefer less volatile investment products.
Nigeria’s $1.25 billion Eurobond “is too small”
Nigeria’s recent Eurobond raise of $1.25 billion is too small, according to analysts at a Nairametrics OnTheMoney (OTM) podcast show ...
Nigeria raises $1.25 billion through Eurobonds in the International Capital Market
Nigeria became the first African country to raise USD1.25 billion through the issuance of Eurobonds in the International Capital Market.
Nigeria’s total public debt rises to N39.55 trillion as at December 2021
The Debt Management Office (DMO) has revealed that Nigeria’s total public debt has risen to N39.55 trillion as at December ...
Investors oversubscribe Nigeria’s February 2022 FGN bond by N407.7 billion
FGN bond issuance for the month of February 2022 by the Debt Management Office recorded an oversubscription of N407.7 billion.
DMO faults IMF, says infrastructure improvements achieved through borrowing
The DMO has faulted the projection of the IMF that Nigeria might spend over 92 per cent of its revenue ...
DMO to raise N150 billion from Bond issuance, sets auction date
DMO on behalf of the federal government has announced the offer for subscription by auction for its FGN January bond.
