Debt Management Office

July 12, (THEWILL) - Nigeria has redeemed a $500 million Eurobond, the Debt Management Office (DMO), said on Wednesday. Eurobond is a debt instrument, which is denominated in a currency other than the home currency of the country or market,...

June 25, (THEWILL) - The Debt Management Office (DMO) said the total public debt stock of Nigeria (comprising the external and domestic debts of the Federal Government, the 36 states and the Federal Capital Territory), hit N49.95 trillion as...

June 16, (THEWILL) - The Debt Management Office (DMO) has opened an auction for its fourth tranche of the N360 billion savings bond. Consequently, it has sought applications of 1,000 per unit subject to a minimum subscription of N50,001,000 and...

Nigeria’s current total public debt of N70 trillion Naira, if shared among the country’s estimated population of 220.2 million, places a debt burden of N317,850 on each citizen, according to data compiled by THEWILL. The 774 local government areas...

March 14, (THEWILL) - The Debt Management Office (DMO) has, on behalf of the Federal Government of Nigeria (FGN), reopened four FGN bonds valued at N360 billion for auction. The DMO had in February, listed the bonds for subscription. However,...

The Debt Management Office (DMO) says the alarm created around the country’s projected public debt by a segment of the media was unnecessary. The Director-General, DMO, Mrs Patience Oniha, said this in a statement to react to reports by a...

For most Nigerians hopeful of a new lease of life with the coming to power of a new government after the 2023 general elections, the content of the last budget expenditure of the Federal Government may jolt them into...