FG to Raise N2.5tn via Bonds – DMO by Techeconomy February 15, 2024 1 Finance The Federal Government of Nigeria is seeking to borrow N2.5tn in its second FGN bonds auction of the year. Debt ... Read more
Finance Ministry to Buy Stationery, Solar Inverter, others with $5.6m World Bank Loan by Techeconomy December 26, 2023 0 Finance The World Bank has approved the sum of $5.6m for the Home Finance Department of the Ministry of Finance, Budget ... Read more
Nigeria’s Public Debts Hits N87.91tr in Q3 2023 by Techeconomy December 21, 2023 0 Finance Nigeria’s public debt rose to N87.91 trillion at the end of the third quarter of 2023. This rise follows a ... Read more
Nigeria Redeems $500m Eurobond, Demonstrating Strong Debt Management by Justice Godfrey Okamgba July 13, 2023 0 Economy Nigeria has successfully redeemed a $500 million Eurobond that reached maturity on July 12, 2023, as confirmed by the Debt ... Read more
DMO Opens Subscription For 2 FGN Savings Bonds by Justice Godfrey Okamgba July 4, 2023 0 Finance The Debt Management Office (DMO) has announced the opening of subscription for two Federal Government of Nigeria (FGN) Savings Bonds ... Read more
Nigeria’s Debt Burden to Hit N81.64tn, Raises Concerns for Debt Sustainability by Justice Godfrey Okamgba June 23, 2023 0 Finance The Debt Management Office (DMO) in Nigeria has expressed concerns over the country's excessive borrowing, projecting that the debt burden ... Read more
NGX Confirms Listing FG’s N1bn April Savings Bonds by Justice Godfrey Okamgba April 22, 2023 0 Finance The Federal Government has listed its April 2023 savings bonds worth $1.08 billion on the country's bourse, according to the ... Read more
Nigeria’s Treasury Declines as it Continues to Service Debt by Justice Godfrey Okamgba April 18, 2023 1 Finance Nigeria spent nearly all of its revenue last year servicing its debts, while its external revenue continues to shrink. According ... Read more
Nigeria’s Public Debt Hits N46tr, Excludes N22tr Ways and Means by Justice Godfrey Okamgba March 31, 2023 0 Finance Nigeria’s total public debt stock is N46.25 trillion as of December 31, 2022, however, this excludes the N22 trillion indebtedness ... Read more
DMO Issues FGN Savings Bonds, Invites Investors to Participate by Justice Godfrey Okamgba March 8, 2023 1 Finance The Debt Management Office (DMO) has made two tenors of FGN savings bonds available for the month of March 2023 ... Read more
FGN Savings Bond Receives N45b in Subscription as DMO Launches Portal by Justice Godfrey Okamgba February 21, 2023 0 Finance The Federal Government of Nigeria (FGN) Savings Bond received a total subscription of N45.135 billion between its inception in 2017 ... Read more
FG Lists N360 billion in Bonds for Auction by Justice Godfrey Okamgba February 10, 2023 0 Finance The Debt Management Office (DMO) has listed four FGN bonds worth N360 billion for auction. The DMO announced the bond ... Read more
DMO offers N100bn “Sukuk” Bonds at N1,000 per unit to Fund Roads Construction by Justice Godfrey Okamgba November 21, 2022 0 Finance On Monday, the Federal Government issued 100 billion Naira worth of "Ijarah Sukuk" bonds for subscription at a price of ... Read more
Nigeria’s Public Debt Now N45.25tr, According to DMO by Yinka Okeowo September 12, 2022 0 Finance The debt stock, which stood at N32.92 trillion by December 2020, rose to N39.556 trillion by December 2021 and N41.6 ... Read more
Again, DMO Reacts to Concerns over Nigeria’s Rising Debt by Yinka Okeowo July 14, 2022 0 Finance It said that successive Debt Management Strategies had always indicated that the Federal Government’s preferred source of borrowing was concessional ... Read more