Tag: DMO
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....
Facts about Chinese loans to Nigeria
The Debt Management office has released details of how loans procured from China and how it is disbursing same for specific projects. It urged the members of the...
Nigeria’s debt now N26.22trn – DMO
The Federal Government and the 36 states as well as the Federal Capital Territory owed a total N26.22tn as of September 30, 2019, the Debt Management Office...
States paying ex-govs jumbo pensions top domestic, foreign debtors’ list – DMO
States paying ex-govs jumbo pensions top domestic, foreign and domestic debts States paying former governors and their deputies jumbo pensions, including houses,...
