The Governor of Rivers State, Sim Fubara, has dismissed allegations of borrowing funds to execute projects in the state, urging agencies such as the Debt Management...
Nigeria has successfully raised $2.2 billion through the issuance of Eurobonds maturing in 2031 and 2034 in the international capital market. According to the Debt Management...
The Central Bank of Nigeria (CBN) has successfully raised a total of N284.26 billion through its latest Nigerian Treasury Bills (T-Bills) auction. The auction, which was...
The DMO held its monthly auction of FGN Bonds on Monday (29 January ’24). It offered N360bn but raised N418.2bn through re-openings of the 16.29% FGN...
Nigeria faces a looming debt crisis as recent approvals for fresh borrowings could propel the nation’s total debt to surpass N107.38 trillion. The approval initiated by...
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...
Nigeria’s Debt Management Office (DMO) achieved a historic milestone in August 2023 by selling Treasury Bills (T-Bills) valued at an astounding N457.20 billion. This achievement, as...
The Debt Management Office (DMO) on Wednesday reported that its July 2023 Federal Government of Nigeria (FGN) bond offering received overwhelming investor interest, surpassing all expectations...
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.