Roads Projects Financed By N100bn Sukuk Bond, A Promise Kept – DMO     The Debt Management Office (DMO) said yesterday that projects being financed with proceeds from N100 billion Sukuk bond represents a promise kept by the federal government. Director-General of the DMO, Ms Patience Oniha, stated...

FG Raises N64bn For 2018 Budget Through Bonds - DMO   The Debt Management Office on Thursday announced that it had raised N64.06bn towards the implementation of the 2018 budget through the issuance of Federal Government of Nigeria Bonds. In a statement issued in Abuja, the DMO...

Foreign Debtors: Lagos, Kaduna, Edo Top List   Lagos State, with the reputation of having the biggest economy in Nigeria, is also the highest debtor to foreign creditors among subnational governments in the country, statistics obtained from the Debt Management Office have shown. A document titled: ‘States...

DMO - At end Of 2017,Debts Rose To N21.7tr ...Up By N4.4tr In One Year   Nigeria’s total national debt grew to N21.7 trillion ($70.92 billion) at the end of December 2017, the Director General of Nigeria’s Debt Management Office told a news briefing on Wednesday. It...

DMO- National Assembly Approved $300m Diaspora Bond   The Debt Management Office said the National Assembly approved the Diaspora Bond, which was used to borrow $300m from Nigerians in the diaspora. In a statement made available to our correspondent in Abuja on Sunday, the DMO said the...

FG considers $2.5bn Borrowing Via Eurobonds The Federal Government will consider raising $2.5bn through Eurobonds in the first quarter to refinance a portion of its domestic Treasury bill portfolio at lower cost, the Director-General, Debt Management Office, Patience Oniha, has said. According to Oniha, the issue...