DMO

DMO Launches May 2026 FGN Savings Bonds With Rates Up To 14.525 Percent

May 04, (THEWILL) — The Debt Management Office (DMO) has unveiled its May 2026 Federal Government (FGN) Savings Bond offer, providing Nigerians with investment options offering returns of up to 14.525 percent annually. Announced on Monday, on behalf of the...

DMO Targets N700bn as FGN Bond Auction Opens Amid High-Yield Environment

April 27, (THEWILL) — The Debt Management Office (DMO), acting on behalf of the Federal Government of Nigeria, is set to raise N700 billion through a Federal Government Bond (FGN) auction scheduled for Monday, April 27, 2026. Details contained...

Lagos Tops as Subnational Debt Climbs to N4.36tn in 2025

April 20, (THEWILL) — Nigeria’s subnational debt burden rose significantly in 2025, with the combined liabilities of the 36 states and the Federal Capital Territory (FCT) reaching N4.36 trillion, underscoring mounting fiscal pressures at the state level. Latest data released...

Nigeria’s Public Debt Hits N159.28trn in 2025, Driven by Domestic Borrowing

April 15, (THEWILL) — Nigeria’s total public debt rose to N159.28 trillion as of December 31, 2025, according to the Debt Management Office (DMO), highlighting continued reliance on domestic financing to fund fiscal gaps. The latest figures show a...

Nigeria’s Public Debt Hits ₦153.29 Trillion In Q3 2025

February 24, (THEWILL) — Nigeria’s total public debt has risen to ₦153.29 trillion ($103.94 billion) as of September 30, 2025, according to the Debt Management Office (DMO). This marks a ₦900 billion increase from the ₦152.39 trillion recorded at...

Domestic, External Debts Push Nigeria’s Public Debt to N153.29 Trillion, Up N900 Billion in Three Months

February 21, (THEWILL) — Nigeria’s combined domestic and external debts rose to N153.29 trillion as of September 30, 2025, representing an increase of N900 billion or 0.59 percent within three months, according to the Debt Management Office (DMO)....

DMO Opens Subscription For January 2026 FGN Savings Bond

January 13, (THEWILL) — The Debt Management Office (DMO) has opened subscriptions for the January 2026 Federal Government of Nigeria (FGN) Savings Bond, in a move aimed at deepening retail participation in the domestic debt market and encouraging...

DMO Raises ₦1.14trn At First 2026 Treasury Bills Auction

January 09, (THEWILL) — Nigeria’s Debt Management Office (DMO) raised ₦1.144 trillion at its first Nigerian Treasury Bills (NTB) auction of 2026, reflecting strong investor demand for government securities despite rising interest rates. The auction, held on January 7, 2026,...

DMO Raises N709.62bn As 364-day Treasury Bill Yield Climbs To 17.5%

December 05, (THEWILL) — Nigeria’s Debt Management Office (DMO) raised a total of ₦709.62 billion at its latest Nigerian Treasury Bills (NT-Bills) auction, with investors showing overwhelming preference for the longest-tenor instrument amid rising yields. The government had offered ₦700...

DMO Set to Raise N500bn in Reopening Bonds Auction November 24 

November 23, (THEWILL) — Nigeria’s Debt Management Office (DMO) will on Monday, November 24, 2025, seek to raise between N400 billion and N500 billion through the reopening of two benchmark Federal Government of Nigeria (FGN) bonds, representing a significant...
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