DMO

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The amount paid on rentals for Sukuk bonds was N8.17bn in the first quarter of 2023, the same amount paid in Q1, 2022, an analysis of the Federal Government’s domestic debt service report for each quarter by the Debt Management Office has…

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Nigeria’s debt servicing bill went up by 14.68 percent to N3.36trn in 2022, data from the Debt Management Office has shown. According to DMO, N2.93tn was spent on external and domestic debt servicing payments in 2021. Earlier, the DMO…

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The Debt Management Office (DMO) says the Federal Government of Nigeria (FGN) Savings Bond has received a total subscription of N45.135 billion between its inception in 2017 and 2022. The Director-General of the DMO, Patience Oniha said…

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The Debt Management Office (DMO) has on behalf of the Federal Government of Nigeria listed four FGN bonds valued at N360 billion for auction. Announcing the bond auction, the DMO listed the first offer as a February 2028 FGN bond, valued…

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The Debt Management Office (DMO) has announced its first bonds issuance for 2023. They are two Federal Government of Nigeria (FGN) Savings Bonds up for subscription. According to a statement by the DMO, one is a…

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The Debt Management Office in Nigeria has decried Nigeria’s growing debt profile, blaming it on low revenue generation and remittances, as well as annual deficit budget by the Federal Government. The Director-General, DMO, Patience…

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The Debt Management Office (DMO) has announced two additional Federal Government of Nigeria (FGN) savings bonds for offer for the month of August, at N1,000 per unit. In a publication on its website, the DMO stated that the first offer is…

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The Debt Management Office (DMO) has described as ‘false’, the news going round in some media outlets, that Nigeria failed the World Bank Disclosure Rule. According to a statement by the DMO to clarify the situation, there has been no…

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The Debt Management Office in Nigeria says the country does not face the risk of experiencing “debt distress” due to its 15.9 billion dollars Eurobond. The Agency said the 15.9 billion dollars Eurobond is the foreign component of the…

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Nigeria has redeemed a $300m diaspora bond, which matured on June 27, 2022, the Debt Management Office (DMO) has said. In a statement published on its website, the DMO said that the bond was issued on June 27, 2022, for a tenor of five…