The Federal Government of Nigeria has exhibited a decreased appetite for foreign loans, marking a notable shift in the country’s debt dynamics. The latest data from...
The Debt Management Office (DMO) held its monthly auction of FGN Bonds on Monday (16 October ’23). It offered N360bn but raised N334.8bn through re-openings of...
This unprecedented debt stock is expected to climb higher as the government implements significant reforms aimed at increasing its revenue base and fulfilling its promises
The redemption of this Eurobond, which was part of a dual-tranche USD1 billion issuance, demonstrates Nigeria's commitment to maintaining financial stability under former President Goodluck Jonathan.
The Federal Government has explained that it expended the sum of N612.56bn gotten through Sovereign Sukuk between 2017 and 2021 on construction and rehabilitation of 77...
The Debt Management Office (DMO) has declared opened two Federal Government Savings Bond Offers for October 2022.
According to Nigeria’s Debt Management Office (DMO), Nigeria’s total public debt rose by 5.2% quarter on quarter (q/q) or N2 trillion from N39.5 trillion at end-December...
The Debt Management Office (DMO) has said Nigeria’s total debt rose by N191 billion in the first quarter of 2021 to N33.107 trillion from N32.916 trillion...
The Federal Government’s bonds for March worth N150bn which were auctioned on Wednesday were oversubscribed by N183.48bn, the Debt Management Office has disclosed. The total subscription...
Nigeria Pays $500 Million Eurobonds Issued in 2011 Today The Federal Government has redeemed the $500 million Eurobonds issued to investors in 2011 today, Thursday 28,...