FG’s March Bonds Oversubscribed By N183.48bn - DMO       The Federal Government’s bonds for March worth N150bn which were auctioned on Wednesday were oversubscribed by N183.48bn, the Debt Management Office has disclosed. The total subscription received from investors for the bonds was N333.48bn comprising of N65.25bn for...

Fed Govt To Auction N150bn Bonds In March     The Debt Management Office on Wednesday disclosed that the Federal Government will offer N150bn bonds for subscription in March. A circular by the DMO on its website showed that the breakdown of bonds comprised of three bonds worth...

N2.2trn Not Missing, Says DMO       The Debt Management Office (DMO) has declared that N2. 2 trillion, which could not be traced by the house of representatives is not missing. The DMO in a statement yesterday said: “The provisions in the Annual Appropriation Acts for Debt Service,...

Fed Govt Offers Savings Bond For Subscription At N1,000         The Debt Management Office (DMO) has offered for subscription two years and three years Federal Government Savings Bonds at N1,000 per unit. A circular on the official website of DMO states that the two years bond with...

In Nine Months, Nigeria Spent N1.99trn On Debt Servicing         Nigeria spent almost N2tn on debt servicing payments from January to September 2020, the latest data obtained from the Debt Management Office have shown. The DMO had on Thursday disclosed that the nation’s total public debt stock...

Fed Govt Borrows Over N2trn From Bond Investors In 2020       Leveraging on excess liquidity that persisted in the banking system and the near zero yields on treasury bills (TBs), the Federal Government, through the Debt Management Office (DMO), raised N2.1 trillion from investors in its...