Nigeria’s Feb 2031 bond records 22% stop rate
The February 2031 (seven-year) bond reached a record stop rate of 22% at Monday’s Federal Government of Nigeria (FGN) bond ...
Tag: DMO
Nigeria amasses 134.3tn in Public Debt – DMO
Nigeria's public debt has surged significantly, raising concerns about the country's long-term fiscal health. Between March and June 2024, the ...
DMO offers two FGN Bonds for subscription in October
The Debt Management Office (DMO) has announced the availability of two Federal Government of Nigeria (FGN) bonds for subscription in ...
Nigeria unveils US$500m Domestic Bond to boost liquidity
The federal government of Nigeria has introduced initial guidelines for the issuance of a US$500 million, Series 1 domestic bond ...
Nigeria Plans Foreign Currency Bonds to Tackle Economic Woes
In a bid to address economic challenges and stabilize its currency, the Nigerian government under the leadership of President Bola ...
Nigeria’s Debt Servicing Costs Double in 2023, Reaching N7.8 Trillion
Nigeria's spending on debt servicing surged to a staggering N7.8 trillion in 2023, marking a notable 121% increase compared to ...
Nigeria’s Public Debt hits N97trn in December 2023, says DMO
Nigeria’s Public Debt Stock as at December 31, 2023 was N97.341trn ($108.229bn), according to Data released by the Debt Management ...
DMO Opens Investment Opportunities in 2024: Two FG Savings Bonds Now Up for Grabs
The Debt Management Office (DMO) listed two Federal Government of Nigeria savings bonds on Monday for subscription at N1,000 per ...
DMO: Nigeria’s Public Debt Stock hits N87trn
Nigeria’s total Public Debt Stock hit N87.91trn ($114.35bn) as at September 30, according to a Statement by the Debt Management ...
DMO releases Two new FGN savings bond offers
On Monday, the Debt Management Office (DMO) issued two new savings bond offers on behalf of the Federal Government of ...
