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DMO allays fears on transfer of N22.7tr debt burden to Nigerians

The Debt Management Office (DMO) has allayed the fears on the transfer of the Federal Government’s N22.7 trillion debt burden to Nigerians.The Senate on...

Nigeria spend N3.63trn on debt servicing in 2022

The Nigerian government spent a whopping N3.63 trillion on servicing its external and domestic debts in 2022.This is according to data obtained from the...

DMO offers two FGN savings bonds at N1,000 per unit

Two Federal Government of Nigeria (FGN) savings bonds have been issued by the Debt Management Office (DMO), with the subscription period falling between April...

DMO: State govs borrow N870bn from local banks, investors in 2022

The Debt Management Office (DMO) has disclosed that Nigerian state governors borrowed a total of N870 billion from local banks and investors in 2022.This...

Experts Warn As Buhari’s Administration Borrows N6.69trn In 2022, Pushes Nigeria’s Debt Burden To N46.25trn

Nigeria’s total public debt as at December 31, 2022, consisting of the Domestic and External Debt Stocks of the Federal Government of Nigeria and...

DMO announces FGN savings bonds, invites investors

The Debt Management Office (DMO) has announced the availability of two tenors of FGN savings bonds for the month of March 2023, and is...

Bonds yields soar as DMO raises N771bn via reopening

The average yield on the Federal Government of Nigeria’s bonds spiked amidst rallies in the local debt capital market after Debt Office DMO raised...

February bond auction: DMO realises N724.9bn

The auction, which was held on February 13, 2023, according to the DMO, saw a total of 577 bids worth N724.9 billion received for...

DMO offers two FG savings bonds at N1,000 per unit

The Debt Management Office has concluded plans to secure funds for the 2023 budget in the next two days.To achieve, the objective, it made...

DMO to raise N1.2bn via FGN bonds in Q1

The office disclosed this in it’s FGN Bonds issuance calendar for the first quarter.Among other things, the calendar shows that the DMO will sell...

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