DMO

Nigeria Raises Over $900m In Domestic Dollar Bond

September 11, (THEWILL) – Nigeria has raised over $900 million from its first-ever Domestic Federal Government of Nigeria (FGN) US Dollar Bond issuance. The bond is the first under the Domestic FGN US Dollar Bond Programme, established according to...

DMO Offers Two FGN Bonds For Subscription At N1000 Per Unit

August 12, (THEWILL) – The Debt Management Office (DMO) has offered two Federal Government of Nigeria (FGN) savings bonds for subscription at N1,000 per unit. In a statement on Monday, the DMO said the "first offer is a two-year FGN...

Nigeria’s External Debt Servicing Rose By 55% To $3.5bn In 2023

April 24, (THEWILL) - Nigeria’s external debt servicing hit $3.5 billion in the fiscal year that ended December 31, 2023, according to data from the Central Bank of Nigeria (CBN). The data is contained in the latest CBN’s Quarterly...

No Transaction Adviser Appointed For Potential Eurobond Issuance – DMO

March 16, (THEWILL) - The Debt Management Office (DMO) has debunked media reports that the Federal Government contracted transactional Advisers ahead of a purported plan to raise about $1bn in external borrowing through Eurobond issuance. According to the reports...

DMO Raises Over 1.4trn FGN Bonds

February 20, (THEWILL) - The Debt Management Office (DMO), has raised the sum of N1.495 trillion Federal Government of Nigeria (FGN) Bonds at its monthly Auction for February 2024. This was disclosed on Tuesday, by the DMO in a statement...

FG To Raise N2.5trn Through Bond Auction – DMO

February 15, (THEWILL) - The Federal Government is targeting to raise N2.5 trillion from its second FGN bond auction of 2024, as part of efforts to raise more funds through debt instruments, the Debt Management Office (DMO) said...

DMO Announces Two-year, Three-year Savings Bonds For Investors

February 05, (THEWILL) - The Debt Management Office (DMO) has announced the launch of new 2-year and 3-year Savings Bonds, offering attractive interest rates to investors seeking secure investment opportunities. In a statement on Monday, the DMO said the bonds...

DMO Announces First FGN Savings Bond Offers In 2024

January 09, (THEWILL) - The Debt Management Office (DMO) has unveiled the initial bond offering for 2024. The offer comprises two Federal Government of Nigeria (FGN) savings bonds available for subscription according to a statement by the Agency on Monday....

Nigeria’s Public Debt Hits N87.91trn – DMO

December 20, (THEWILL) – Nigeria’s public debt hit N87.91 trillion at the end of the third quarter of 2023, following a marginal increase from the N87.38 trillion in the second quarter, the Debt Management Office (DMO), said on...

Nigeria Raises N7trn In Domestic Borrowing — DMO

December 19, (THEWILL) - The Debt Management Office (DMO), has announced that Nigeria successfully raised N7.043 trillion in domestic debt for the year 2023. Director-General of the DMO, Patience Oniha, disclosed this on Monday, during an interview with CNBC Africa. Highlighting...
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Ludek Miklosko Passes Away: Remembering West Ham Legend, Historic Man Utd Title Spoiler

West Ham United are mourning the death of legendary former goalkeeper, Ludek Miklosko, who has died at the age of 64 following a battle with cancer.
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