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FG Spends N611.7bn on Dollar Bond Service in March – DMO

The Federal Government spent N611.71bn in March 2025 to service its first-ever domestic US Dollar-denominated bond.

Naira Depreciation Drives Nigeria’s Debt to N149.39trn

Nigeria’s total public debt ballooned to N149.39 trillion as of March 31, 2025, according to data from the Debt Management Office (DMO).

DMO Raises N91bn via Green Bond Issue

DMO Raises N91bn via Green Bond Issue   The Debt Management Office (DMO) has announced the successful conclusion of the Federal Government of Nigeria’s third Sovereign Green Bond offer, which raised a total of N91.42bn from investors. The offer, which was initially set at N50bn, closed on...

FG Raises N4bn from June Savings Bond – DMO

FG Raises N4bn from June Savings Bond - DMO The Federal Government of Nigeria has raised a total of N4.01bn from its June 2025 Savings Bond issuance, according to the allotment results released by the Debt Management Office on Wednesday. The offer, which ran from June...

FG’s Sukuk Highest Subscription Records 735% to N2.21tn in 2025 – DMO

FG’s Sukuk Highest Subscription Records 735% to N2.21tn in 2025 - DMO The Series VII of the Sovereign Sukuk of the Federal Government has recorded an unprecedented subscription level of over N2.21tn, representing an oversubscription of 735 per cent. This was revealed by the Debt Management...

Tinubu Seeks NASS Approval for Fresh Loans of $21.5bn, €2.19bn, ¥15bn, €65m Grant

Tinubu Seeks NASS Approval for Fresh Loans of $21.5bn, €2.19bn, ¥15bn, €65m Grant President Bola Ahmed Tinubu has formally requested the approval of the National Assembly (NASS) for $21.5 billion External Borrowing Plan for 2025-2026 as well as a $2 billion Foreign Currency Denominated Bond...