Tag: DMO
DMO offers 2 savings bonds for subscription at N1,000 per unit
DMO offers 2 savings bonds for subscription at N1,000 per unit Bonds The Debt Management Office (DMO) has listed two FGN savings bonds for subscription at...
Debt servicing cost N8.94t as fiscal deficit expands – Special Report
Caption: Wale Edun,Finance Minister The federal government has spent a whopping N8.94 trillion on debt servicing in the first nine months of 2024, representing a...
FG has sufficient budget for foreign, local debt obligations– DMO
The Debt Management Office (DMO) has stated that the Federal Government has made adequate budgetary provisions to meet Nigeria’s foreign and local debt...
DMO auctions 4 FGN bonds valued at N360bn
The Debt Management Office (DMO), on Tuesday announced the offer for subscription of four Federal Government of Nigeria (FGN) bonds valued at N360...
Nigeria’s debt hits N87trn…rose by 75% in three months
The Debt Management Office has said Nigeria’s total public debt hit N87.38tn at the end of the second quarter of 2023. The figure represents an increase of...
DMO lists N130bn sukuk on NGX, FMDQ to boost capital market investment
The Debt Management Office (DMO) says it is set to expand capital market offering, by listing its N130 billion Sovereign Sukuk on the Nigerian Exchange Ltd. (NGX) and...
Railway debt servicing gulps $63m In Q1- DMO
The Federal Government spent $62.66m to service railway-related debts in the first quarter of 2023, according to Nigeria’s external debt service...
Lenders shunning Nigeria-DMO
...Says country can’t depend on eternal borrowing ..Country must gear up revenue drive The Debt Management Office,DMO, has disclosed that it has been difficult for...
Nigeria spends N993.5bn on debt servicing in three months-DMO
Nigeria spent almost N1tn on debt servicing payments in the first quarter of this year, the latest data obtained from the Debt Management Office have shown. The...
FGN bond over subscribed by N70b – DMO
The Debt Management Office (DMO) has said that a total of N60 billion bond it offered for the month of December had been oversubscribed by more than N70 billion....
