DMO
FGN Bond Auction Sees 307% Oversubscription In October
The Federal Government of Nigeria’s bond auction for October 2025 recorded a remarkable 307.6 percent oversubscription, reflecting heightened investor interest in sovereign debt...
FG Scales Back Borrowing Plans, Targets N900bn-N1.2tn in Q2 Bonds Amid Fiscal Strain
In a notable shift in its borrowing strategy, the Federal Government of Nigeria (FG) has announced plans to raise between N900 billion and...
Nigeria Seeks N350 Billion in New Bond Auction to Tackle Budget Deficit
Following a substantial N1.94 trillion raised from bond investors in the first quarter of 2025, the Federal Government of Nigeria has announced its...
DMO Launches New FGN Bonds: Investment at N1,000 Per Unit
The Debt Management Office (DMO) has announced the opening of subscriptions for two new Federal Government of Nigeria (FGN) bonds, presenting a significant...
Nigeria’s Debt Service Drops, IMF Assesses Sustainability Amidst Economic Reforms
Recent data from the Central Bank of Nigeria (CBN) reveals a significant decrease in the nation’s debt servicing expenditure, dropping from $540 million...
Nigeria’s Debt: DMO Insists Actual Figure is N87.38 Trillion
The Debt Management Office (DMO) has issued a strong rebuttal against recent media reports that grossly misrepresented the nation’s debt burden inherited by...
Nigeria’s debt hits N31 trillion – DMO
The Debt Management Office (DMO) in a report released on Wednesday puts Nigeria’s total public debt stock at N31.009 trillion or $85.897 billion,...
Nigeria’s debt profile rises to N25.7 trillion
The Debt Management Office (DMO) has said that Nigeria now owes N25.7 trillion in debt both domestically and externally as of June 30,...