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Nigeria's public debt

Nigeria’s Bond Issuance Oversubscribed By N139 Billion – DMO

The Debt Management Office (DMO) has disclosed that the country’s January bond issuance valued at N214.05 billion ended with an oversubscription of N139 billion. The debt office disclosed this in the FGN bond result released recently, saying the auction, which ended on January 19,
January 21, 2022
DMO

DMO Offers 10-Year N250bn Sukuk For Subscription

The Debt Management Office (DMO) has disclosed that it is offering a 10-year N250 billion road Sukuk instrument at a rental rate of 12.80 percent per annum, payable half-yearly. The offer at N1,000 per unit is subject to a minimum subscription of
December 17, 2021
Nigeria's public debt

FG Debt Servicing Gulps N2.49tn In Nine Months – DMO

Nigeria, the Debt Management Office, spent N2.49tn on debt servicing payments in the first nine months of 2021. Between January and March 2021, Nigeria spent N612.71bn on domestic debt servicing, while it spent $1bn (N410.83bn) on external debt servicing, giving a total
December 16, 2021
DMO

DMO Supports Naira Exchange Rate With $15.4bn

The Debt Management Office (DMO) on Tuesday, December 7, disclosed that it supported the Naira Exchange Rate with $15. 368 billion. The Director-General of the DMO, Ms. Patience Oniha, made the disclosure at the Workshop on Understanding Nigeria’s Public Debt Management organised
December 8, 2021
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