FG Targets N1.8trn Bond Sale in Q1, 2025 The Federal Government has announced plans to generate N1.8 trillion through bond sales in the first quarter of 2025, as disclosed by the Debt Management Office (DMO). The proposed issuances, detailed in the newly released FGN Bond Issuance...

FG Seeks N360bn In New Bond Auction   The Federal Government will today seek to raise about N360 billion in new borrowings as part of its regular debt issuance to finance budget deficit and augment national revenue. At the auction, the first of series of debt issuances...

DMO Issues Fresh N360bn Bond   The Debt Management Office (DMO) has announced the issuance of four bonds of N90bn each. In a statement yesterday, the office said there are offers for subscription by auction and that it is authorised to receive applications for “N90bn with 13.98%,...

Lagos State Govt Raises N137.3bn Bond To Fund Infrastructure   Lagos State has signed a 10-year Bond to raise N137.3billion to finance key infrastructural projects in the state. The 13 per cent Fixed Rate Series IV Bond Issuance, under the N500 billion Fourth Debt Issuance Programme, is...

FMDQ Exchange Lists BUA Cement’s N115bn Bond       FMDQ Securities Exchange Limited has announced the admission of the BUA Cement Plc N115bn Series 1 Fixed Rate Senior Unsecured Bond under its N200bn Bond Issuance Programme, for listing on its platform, as approved by the Board Listings...

Fed Govt To Offer N30bn Bonds In October       The Debt Management Office has said that the Federal Government would auction N30bn worth of bonds by subscription on October 21. A circular by the DMO on Thursday showed the breakdown of the figure to include a N15bn...