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.
The DMO held its monthly auction of FGN bonds on Monday (19 June ’23). It offered N360bn but raised N427.2.2bn through the re-opening of the 14.55%...
The DMO held its monthly auction of FGN bonds on Monday (20 March ’23). It offered N360bn (USD780.1m) but raised N563.2bn (USD1.2bn) through re-openings of the...
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...