FG issues $500 million five-year domestic dollar bond at 9.75%
The Federal Government of Nigeria (FGN) has officially issued a $500 million domestic dollar bond, opening for subscription on August ...
Tag: DMO
News and analysis about DMO
Nigeria to issue $500 million domestic dollar bond on Monday
The Federal Government of Nigeria plans to issue its dollar-denominated domestic bond next week Monday, as it hopes to raise $500 million ...
FG seeks N300 billion from July 2024 bond auction as demand weakens
The Federal Government of Nigeria, through its Debt Management Office (DMO), has announced plans to raise at least N300 billion ...
Nigeria’s debt to World Bank rises by $1.07 billion under Tinubu’s administration
Nigeria's debt to the World Bank has increased by $1.07 billion under President Bola Tinubu’s administration.
Top 10 Nigerian States with highest domestic debt in Q1 2024
The Debt Management Office (DMO) of Nigeria recently announced that the nation’s total public debt increased significantly to N121.67 trillion ...
Nigeria’s Treasury Bills debt surges to N10.4 trillion, largest balance in Nigerian history
Nigeria has a total Treasury Bills (T-Bills) debt of N10.4 trillion, a 60% rise in just three months, according to ...
Nigeria borrowed N7.71 trillion not N24.33 trillion in Q1 2024 – DMO
The Debt Management Office (DMO) has clarified that Nigeria’s fresh borrowing was N7.71 trillion in the first quarter of 2024.
FG raises N297.006 billion in June auction, 66% of target as demand tapers
The federal government has raised N297.006 billion from the June bond auction, which is only about 66% of its target.
FG’s interest spending on debt to gulp 36% of revenue in 2024 – Moody’s
Global ratings agency, Moody’s has stated that Nigeria’s interest spending on debt might consume up to 36% of the federal government’s ...
Nigeria’s public debt rises by N24.33 trillion in three months
The Debt Management Office (DMO) of Nigeria has announced that the nation's total public debt has increased significantly to N121.67 ...
