By Motolani Oseni The Federal Government of Nigeria through the Debt Management Office (DMO) has revised its calendar to borrow about N720 billion through some re-opened Federal Government of Nigeria (FGN) bonds issuance calendar for the third quarter of 2022. On 19 July, the office was scheduled to re-open a March 2025 FGN bond valued […]
Nigeria’s backlog of debts seems to be headed towards the ceiling as the Debt Management Office on Wednesday published Nigeria’s total public debt stock as of June 30, 2020, pegging the country’s entire debt at N31trn, which indicates an increase of N2.38trn within a three-month span. Nigeria’s total public debt stock includes the debt stock […]
Temitope Adebayo The Debt Management Office (DMO) has disclosed that the Federal Government has offered for subscription by auction N150 billion worth of bonds in its Sept. 25 auction. The Debt office in offer circular obtained from its website on Tuesday, stated that it would sell N45 billion of a five-year re-opening issue maturing in […]