Tag: Bond Market

FG Seeks N190 Billion from Bond Market in August, Lowest Offer in 2024

by Harry Choms

August 15, 2024

The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced plans to raise N190 billion from the bond market in August 2024. This is the lowest bond ...

National debt hits N44tn, repayment burden worsens

FG Raised N3.06trn from Bond Market in 2022, Records 53.2% Oversubscription

by Ikenna Ngere

December 19, 2022

Following the need to finance the 2022 budget deficit, the federal government through the Debt Management Office (DMO), in 2022, raised a whopping sum of N3.06 trillion from the bond ...