The Federal Government of Nigeria, through the Debt Management Office (DMO), has opened offers for subscription to Federal Government of Nigeria (FGN) savings bonds for September 2024.
Nigeria’s $500 million domestic dollar bond offering is set to close its subscription period today, Friday, with the settlement date scheduled for September 6, 2024.
Nigeria has received only about 16% of the total loan approved by the World Bank under the administration of President Bola Tinubu.
The Federal Government of Nigeria has raised N374.751 billion in its August 2024 FGN bond auction.
The Federal Government of Nigeria (FGN) has officially issued a $500 million domestic dollar bond, opening for subscription on August 19, 2024.
The Federal Government of Nigeria plans to issue its dollar-denominated domestic bond next week Monday, as it hopes to raise $500 million from local and foreign investors.
The Federal Government of Nigeria, through its Debt Management Office (DMO), has announced plans to raise at least N300 billion through its bond offer scheduled for July 2024.
Nigeria's debt to the World Bank has increased by $1.07 billion under President Bola Tinubu’s administration.
The Debt Management Office (DMO) of Nigeria recently announced that the nation’s total public debt increased significantly to N121.67 trillion (approximately $91.46 billion) as of March 31, 2024.
Nigeria has a total Treasury Bills (T-Bills) debt of N10.4 trillion, a 60% rise in just three months, according to data from the Debt Management Office (DMO).
The Debt Management Office (DMO) has clarified that Nigeria’s fresh borrowing was N7.71 trillion in the first quarter of 2024.
The federal government has raised N297.006 billion from the June bond auction, which is only about 66% of its target.
