Nigeria total public debt hit N152.39 trillion as of June 2025, the highest ever on record in Naira terms.
The Federal Government, through the Debt Management Office (DMO), has announced the allotment of the September 2025 FGN Savings Bonds, totaling N3.05 billion across the two-year and three-year tenors.
The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria (FGN), has announced the offering of N200 billion in bonds subscription by auction in August 2025.
Retirement is meant to be a season of rest, travel, and enjoying the fruits of decades of hard work, not a time spent anxiously checking whether your savings will stretch through the month or relying on your children.
The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria (FGN), has announced the offer of N80 billion in FGN bonds for subscription via auction, slated for July 28, 2025, with settlement expected on July 30, 2025.
The Federal Government of Nigeria (FGN), through the Debt Management Office (DMO), has announced an offer for subscription...
The Debt Management Office (DMO) reports that the federal government's domestic debt stock by instrument reached N66.957 trillion by the first half of 2024, marking an 8.74% increase from N61.578 trillion at the end of Q1.
The Debt Management Office (DMO) has attributed the recent delay in coupon payments to savings bond subscribers to system and processing issues according to reports from Bloomberg.
The federal government, through the Debt Management Office (DMO), is set to raise N150 billion from the bond market in September 2024.
The Federal Government of Nigeria has raised N374.751 billion in its August 2024 FGN bond auction.
The federal government has raised N297.006 billion from the June bond auction, which is only about 66% of its target.
The Director General of Debt Management Office, (DMO) Patience Oniha has stated that the federal government has raised N4.5 trillion out of the N6 trillion target in the 2024 budget.