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 ...
Tag: DMO
News and analysis about DMO
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, ...
DMO opens bonds offer for September with Interest at 18.20%
The Federal Government of Nigeria, through the Debt Management Office (DMO), has opened offers for subscription to Federal Government of ...
Nigeria’s $500 million domestic dollar bond offering ends today, with settlement set for September 6
Nigeria’s $500 million domestic dollar bond offering is set to close its subscription period today, Friday, with the settlement date ...
Nigeria receives only 16% of World Bank loans approved under President Bola Tinubu so far
Nigeria has received only about 16% of the total loan approved by the World Bank under the administration of President ...
Federal government raises N374.751 billion from August bond auction on renewed investors’ demand
The Federal Government of Nigeria has raised N374.751 billion in its August 2024 FGN bond auction.
