Tag: Debt Management Office (DMO)

President Tinubu said his administration is borrowing to develop the nation's infrastructure.

“Nigeria is pleased to have attracted a wide range of investors from multiple jurisdictions including the United Kingdom, North America, ...

"We inherited a reserve of over $33 billion 16 months ago. Since then, we have paid back the inherited forex ...

The first offer is an April 2029 FGN bond valued at N70 billion at an interest rate of 19.30 per ...

It is a five-year domestic FGN dollar bond due in 2029, at an interest rate of 9.75 per cent per ...

The Debt Management Office (DMO) also gave reasons for Nigeria's debt stock surge.

The suit was filed against the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, and the Debt ...

The figure shows a 0.61 percent increase from the June 2023 figure of N87.38 trillion

Mr Edun said the best way Nigeria could fund its budget was to spend more money on infrastructure to generate ...

Lagos State is the most indebted state in the country for both domestic and external debts.

Many economic experts and institutions consider boosting revenue generation as one of the key ways to avoid falling into the ...

Buhari's eight-year reign as president has seen Nigeria struggle through numerous challenges, with inflation and unemployment at worse levels than ...

The four bonds are all valued at N90 billion, totalling N360 billion

They are offered at N1,000 per unit subject to a minimum subscription of N5,000 and in multiples of N1,000 thereafter

The bonds are a 14.55 per cent, April 2029 FGN Bond; a 12.50 per cent, April 2032 FGN Bond; and ...

The foreign component of the debt remained at the same level of N16.61 trillion, the local component increased to N26.23 ...

According to the revised calendar, the DMO is scheduled to raise about N720 billion through some re-opened Federal Government of ...

DMO says the nation's debt profile will continue to grow as long as lawmakers pass deficit budgets.

...all men of goodwill must prevail on Buhari to apply the brakes. It is not rocket science to know that ...

The grant is part of the $1.5 billion World Bank-Assisted States Fiscal Transparency Accountability and Sustainability (SFTAS) Programme for the ...

"I remember a programme we had here, I told you and I thought you believed me that I have no ...

"Nigeria is the only major oil exporter that hasn’t benefited from the windfall of higher global oil prices."

She said that the most viable solution to the country’s challenge remained to grow revenues and plug all leakages, as ...

Her appointment for a second term was based on the significant achievements recorded by the DMO in the last five ...

The two-year bond has an interest rate of 7.93 per cent per annum, while the three-year bond is at 8.93 ...