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Nigeria’s Public Debt Profile Rises to N152.4trn, DMO Reports

Nigeria’s total public debt has risen to N152.40 trillion as of June 30, 2025, from N149.39 trillion recorded at the end of March, according to the latest data released by the Debt Management Office (DMO).

DMO Launches September FGN Savings Bonds

The Debt Management Office (DMO) has launched the September 2025 Federal Government of Nigeria (FGN) savings bonds, offering investors attractive interest rates of up to 16.541% per annum.

FG Issues N136bn in Medium-term Bonds

FG Issues N136bn in Medium-term Bonds The Federal Government of Nigeria has successfully allotted a total of N136bn in its recently concluded five- and seven-year bond auctions, with marginal rates of 17.945 per cent and 18 per cent, respectively. According to the offer document on its...

Debt-to-GDP Ratio to Hit 60% by 2027

The federal government has approved Nigeria’s medium-term debt management strategy (MTDS) for the 2024-2027 fiscal year, pegging the debt-to-gross domestic product (GDP) ratio at 60 percent.

FG Target N200bn Through Bond Auction

FG Target N200bn Through Bond Auction   The Debt Management Office (DMO) on Thursday announced an offering of N200bn savings bonds. According to the offer document on its website, one of the bonds was a reopening of the June 2032 bond with the coupon rate of 17.95...

The Facts About Nigeria’s Debts Burden Under Tinubu’s Watch, By Zekeri Idakwo Laruba

The Facts About Nigeria’s Debts Burden Under Tinubu’s Watch By Zekeri Idakwo Laruba With political campaigning unofficially underway for the 2027 general elections, Economic Confidential observes that Nigeria’s mounting debt burden under the administration of President Bola Ahmed Tinubu has become a central theme in debates...