Nigeria’s debt servicing payments rise by 69% to N6.04 trillion in H1 2024
Nigeria’s debt servicing payments rose by 69% in the first half of 2024, hitting N6.04 trillion. This marks a sharp ...
Friday, November 15, 2024
Tag: DMO
FG Seeks N190 Billion from Bond Market in August, Lowest Offer in 2024
The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced plans to raise N190 billion from the ...
Nigeria’s Public Debt Increases by N24.33 Trillion in Three Months
Nigeria's Debt Management Office (DMO) reported a significant rise in the country’s total public debt, which reached N121.67 trillion (approximately ...
DMO Initiates April 2024 Savings Bonds Offering at 18.046% Interest Rate
The Debt Management Office (DMO) has commenced offering the April 2024 Savings Bond on behalf of the Federal Government, featuring ...
Public debt surged to N97.34tn in Q4, says DMO
The Debt Management Office of Nigeria has revealed that the Nigeria’s public debt has surged to N97.34tn ($108bn) as of ...
Development: DMO Launches March Offer for FGN Savings Bonds at 16.09%
The Debt Management Office (DMO) has unveiled its latest opportunity for investors with the launch of the Federal Government of ...
Low Rates Curb Appetite As Nigeria Raises Less Cash At Bond Auction
Nigeria's Debt Management Office fell short of its target, raising only half of the planned N2.5 trillion in seven and ...
FG to borrow N2.5tn via bonds – DMO
The Federal Government is seeking to raise N2.5tn in its second FGN bonds auction of the year. Debt Management Office ...
Nigeria Secures $2.7 Billion World Bank Loans Under President Tinubu Amid Growing External Debt Concerns
Nigeria has obtained a total of $2.7 billion in loans from the World Bank during the tenure of President Bola ...
Federal Government Spends N1.79 Trillion on Domestic Debt Service in Q3 2023 – DMO
The Federal Government of Nigeria spent approximately N1.79 trillion on servicing its domestic debt between July and September 2023, according ...
