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DMO

News and analysis about DMO

The recent activities in the debt market have shown that Nigeria still has room for further borrowing as...
Ms. Patience Oniha, Director-General of the Debt Management Office, DMO, revealed yesterday that the country's public debt stock...
The Debt Management Office of Nigeria (DMO) reported a surplus of N1.31 billion for the 2019 financial year....
The Debt Management Office (DMO), on behalf of the Federal Government has announced the offer for subscription of...
The Federal Government has said that it raised the sum of N669 billion from the Nigerian capital market...
The Debt Management Office has announced the offer for subscription of the July 2021 FGN Savings Bond.
The DMO stated that the loan facility was captured in the 2021 budget.
The DMO has announced the offer for subscription of the May 2021 Federal Government Savings Bond to investors.
This week, system inflows should improve driven by inflows from FAAC (NGN681billion), FGN Bond coupons (NGN160billion), NTB (NGN88billion) and OMO bills (NGN10billion).
It also states that the interest is payable semi-annually with the redemption expected to be in bullet payment on the maturity date.
A flurry of large corporate debt sales is also underway led by MTN and Dangote Cement which could take out NGN200billion.
The Debt Management Office revealed that Sukuk funding is currently rehabilitating the Outer Marina Road in Lagos.