Nigeria’s public debt hits N44trn -DMO
In the third quarter of this year (Q3 in 2022), Nigeria's public debt reached N44.6 trillion. This represents a 2.9 percent…
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DMO
DMO issues 2 FGN savings bonds at N1,000 per unit
The Debt Management Office (DMO) has announced its Dec. issuance of two Federal Government of Nigeria (FGN) Savings Bonds at…
Nigeria not planning to restructure debt – DMO
The Debt Management Office (DMO), says contrary to reports by U.S. based financial, software, data and media company, Bloomberg,…
How Federal, State Governments can reduce borrowings, improve revenue…
Government can reduce its dependence on borrowings to finance budget deficits by improving its revenue drive and prioritising…
FG targets N720bn in Q3, as DMO releases bond issuance calendar
The Federal Government is set to generate about N720 billion in the third quarter of 2022 from FGN Bonds.
Debt profile: Revenue generation, a major fiscal constraint for FG, says…
The Debt Management Office (DMO) says revenue generation is a major constraint of the Federal Government, and impacts the…
Investment in FGN securities profitable, risk-free — DMO
The Debt Management Office (DMO) says it is advisable for Nigerians to invest in the various Federal Government Securities, as…
Nigeria’s public debt profile climbs to N39.556tr
Nigeria’s total debt stock as at December 2021 stood at N39.556 trillion.
DMO speaks on China taking over projects financed with borrowed loans
Nigeria has said there will never be a situation where China will have to take possession of the projects financed with its loans.…
FG commences sale of N150bn seven-year Ijarah Sukuk at 11.2 per cent
The Federal Government has begun the sale of its third tranche seven-year N150 billion Sovereign Sukuk, the Debt Management…