DMO
FG Promissory Notes rise to N1.65 trillion, up 114% in one year under Tinubu
Business & Economy
November 15, 2024
FG Promissory Notes rise to N1.65 trillion, up 114% in one year under Tinubu
Nigeria’s Debt Management Office (DMO) reports that the federal government’s Promissory Notes debt surged to N1.65 trillion as of June…
Federal government’s domestic debt stock hits N66.957 trillion in H1 2024
Business & Economy
November 13, 2024
Federal government’s domestic debt stock hits N66.957 trillion in H1 2024
The Debt Management Office (DMO) reports that the federal government’s domestic debt stock by instrument reached N66.957 trillion by the…
Nigeria’s public debt hits N134.3 trillion in Q2 2024
Business & Economy
October 24, 2024
Nigeria’s public debt hits N134.3 trillion in Q2 2024
Nigeria’s public debt stock surged to N134.3 trillion ($91.3 billion) by the end of the second quarter of 2024. This…
Nigeria borrowed N7.71 trillion not N24.33 trillion in Q1 2024 – DMO
Business & Economy
June 26, 2024
Nigeria borrowed N7.71 trillion not N24.33 trillion in Q1 2024 – DMO
The Debt Management Office (DMO) has clarified that Nigeria’s fresh borrowing was N7.71 trillion in the first quarter of 2024. …
FG raises over N380 billion in May bond auction amid weaker demand
Business & Economy
May 14, 2024
FG raises over N380 billion in May bond auction amid weaker demand
The Nigerian government has raised N380.769 billion in a highly subscribed bond auction conducted on May 13, 2024. However, the…
FG raises N627 billion in April bond auction amid competitive yields
Business & Economy
April 20, 2024
FG raises N627 billion in April bond auction amid competitive yields
The Debt Management Office (DMO) has disclosed that Federal Government of Nigeria raised N626.813 billion in its April 2024 FGN bond…
Naira value of 36 states and FCT’s external debt increased by 23.76% in six months
Business & Economy
April 7, 2024
Naira value of 36 states and FCT’s external debt increased by 23.76% in six months
The naira value of the total external debt of Nigeria’s 36 states and Federal Capital Territory (FCT) increased by 23.76%…
DMO to issue April 2024 Savings Bonds at 18.046%
Business & Economy
April 2, 2024
DMO to issue April 2024 Savings Bonds at 18.046%
The Federal Government through the Debt Management Office has opened offers for the April 2024 Savings Bond, with rates reaching…
Top 10 Nigerian states with highest foreign debt in 2023
Business & Economy
March 28, 2024
Top 10 Nigerian states with highest foreign debt in 2023
The Debt Management Office (DMO) recently disclosed the total external debt stock of the 36 states and the Federal Capital…