Governor Otu denies taking fresh loans since inception
By PATRICK ABANG, Calabar – Cross River State Governor, Senator Bassey Otu has denied taking nor signing any fresh loan, both domestic and foreign, […]
Debt Management Office (DMO)
DMO offers N150bn Sukuk bond for subscription at N1,000 per unit
The Debt Management Office (DMO) on Tuesday offered for subscription, Ijarah Sukuk valued at N150 billion. According to a statement by the DMO, the […]
DMO re-opens 4 FGN bonds valued at N360bn for subscription
The Debt Management Office (DMO), has listed four Federal Government of Nigeria (FGN) bonds valued at N360 billion for subscription at N1,000 per unit. The […]
Debt trap and incoming administrations By JEROME-MARIO UTOMI
It is no longer news that some of the first-term governors-elect will face many months of unpaid workers’ salaries and mounting pension liabilities, as well […]
N100bn FG Sukuk records 165% oversubscription – DMO
By JOY ADARA, Abuja – The Debt Management Office (DMO) says the N100billion Federal Government Sukuk put on offer has recorded about 165 per cent […]
Nigeria urgently needs to increase revenue generation and collection – DMO
The Debt Management Office (DMO) says Nigeria needs to earn higher revenue and manage its debt profile more efficiently. The Director-General of DMO, Mrs Patience […]
DMO lists 2 FGN savings bonds for subscription at N1,000 per unit
The Debt Management Office (DMO) on Monday announced the listing of two FGN savings bonds for subscription for the month of July. It stated that […]
Nigeria displays commitment to honour debt obligations, redeems $300m diaspora bond
As a sign of commitment to promptly honour its debts obligations always, Nigeria has redeemed its 300 million dollars diaspora bond which matured on June […]
Take urgent steps to halt Nigeria’s rising debt, stakeholders urge FG
Some stakeholders in the country’s economic sector have advised the Federal Government to take steps to halt the rising national debt stock as it is […]
DMO auctions 3 new FGN bonds valued at N225bn
The Debt Management Office (DMO) has offered three new Federal Government of Nigeria (FGN) bonds valued at N225 billion for subscription through auction in April. […]
DMO releases FG’s N720bn Q2 borrowing plan
The Debt Management Office (DMO) has released schedule of local borrowings of about N720billion by the Federal Government for the second quarter. The schedule is […]
NGX to support DMO to deepening the market
By TENEBE ANTHONIA, Lagos – Nigerian Exchange Limited (NGX) has restated its commitment to support the Debt Management Office (DMO) to deepening the capital market. […]
DMO lists $4bn, oversubscribed Eurobond in FMDQ exchange
Debt Management Office (DMO) says it has listed its 2021, 4 billion dollars Federal Government of Nigeria (FGN) Eurobonds on the FMDQ Group Securities Exchange. […]