DMO to Issue April 2024 Savings Bonds at 18.046%
The Federal Government through the Debt Management Office has opened offers for the April 2024 Savings Bond, with rates reaching as high as 18.046% per annum.
According to the announcement made by the DMO, the 2-year FGN...
Nigeria’s Debt Servicing Expense Doubles to N7.8tn in 2023 – Report
Nigeria spent a sum of N7.8 trillion to service its debt obligations in 2023, a 121% increase compared to N3.52 trillion incurred in the previous year.
This is according to analysis of data released by...
Nigeria’s Debt Servicing Expense Doubles to N7.8tn in 2023 – Report
Nigeria spent a sum of N7.8 trillion to service its debt obligations in 2023, a 121% increase compared to N3.52 trillion incurred in the previous year.
This is according to analysis of data released by...
Fed Govt offers N450b bonds to investors
The Federal Government is seeking to raise N450 billion from the investing public in a new debt issuance aimed at bridging government’s deficit and deepening the domestic capital market.
It was learnt last night that the Debt Management Office...
Fed Govt offers N450b bonds to investors
The Federal Government is seeking to raise N450 billion from the investing public in a new debt issuance aimed at bridging government’s deficit and deepening the domestic capital market.
It was learnt last night that the Debt Management Office...
FG Misses Target, Raises N1.5tn in Two FGN Bond Offers
The Federal Government raised N1.5tn through bonds at its February auction instead of the N2.5tn it was targeting.
The Debt Management Office (DMO) in a press release on Tuesday disclosed that the 2031 bond had a...