Tag: Debt management Office (DMO)
DMO issues 2 federal government savings bonds
These bonds are backed by the full faith and credit of the Federal Government of Nigeria, and charged upon the…
DMO re-opens 3 federal bonds
The bonds are offered at N1,000 per unit, subject to a minimum subscription of N50 million, and in multiples of…
DMO releases another N72bn borrowing plan
According to the calendar, on Oct. 17, the DMO will re-open a 14.55 per cent, April 2029 bond valued at…
Nigeria’s public debt stock hits N42 trillion
The total debt represents the domestic and external debt stocks of the Federal Government of Nigeria (FGN), the 36 State…
DMO announces N720bn borrowing plan
The office also reviewed its bonds' issuance calendar for the third quarter of 2022.
DMO auctions 3 FGN bonds worth N225bn
According to the statement, the first offer for N75 billion had been previously issued and has a maturity date of…
DMO lists N250bn Sovereign Sukuk on NSE, FMDQ
The listing is done to maximise market liquidity for investors in the Sovereign Sukuk, according to the Debt Management Office…
DMO releases Sukuk rental payment calender
According to the calendar, there is the 16.47 per cent FGN Sukuk 2024, issued on Sept. 26, 2017, which has…
Buhari reappoints Patience Oniha as DG, DMO
According to the Presidency, the reappointment was in accordance with Section IV (9-i) of the Debt Management Office (Establishment ETC)…
Nigeria redeems $300m diaspora bond – DMO
According to the statement, the diaspora bond was issued on June 27, 2017, for a tenor of five years in…
Nigerian stakeholders worry over rising debt
A breakdown of Nigeria’s public debt stock shows that 37.82 per cent is external, while the balance of 62.18 per…
DMO receives 300 bids for FGN bonds
The bonds were offered at N1, 000 per unit with a minimum subscription of N50 million, and in multiples of…
Government borrowings not necessarily bad, says DMO
The Debt Management Office (DMO), said borrowings by countries to finance budget deficits and critical infrastructure is not necessarily bad.
Lagos, Kaduna, Cross River, Edo most indebted states: DMO figures
According to the DMO, Nigeria's total public debt grew to N39.556 Trillion or $95.779 Billion by December 2021.
Nigeria raises $1.25bn through Eurobonds as debt hits N41.026trn
Nigeria has officially raised 1.25 Billion dollars through the issuance of seven-year Eurobonds in the International Capital Market (ICM).