DMO Lists N250bn Sukuk On NGX   The Debt Management Office on Tuesday listed the N250bn, 10-year 13 per cent Ijarah Sovereign Sukuk due 2031 on Nigerian Exchange Limited and FMDQ Securities Exchange. The Ijarah Sovereign Sukuk was successfully listed on NGX, having fulfilled the conditions set...

Debt Profile: Revenue Generation Is Nigerian Govt’s Main Challenge – DMO   The Debt Management Office (DMO) says revenue generation is a major constraint of the Federal Government and impacts the country’s debt situation negatively. The Director-General of the DMO, Patience Oniha, said this in a telephone...

FG Raised N1.84trn Via Bond To Bridge 2022 Budget Deficit In H1, 2022   The federal government in first half (H1) of 2022 raised a total of N1.84 trillion through the FGN bond market to finance the N6.26trillion 2022 budget deficit, the Debt Management Office (DMO)...

FG’s Borrowing From Local Investors Rises By 21% In H1, 2022   The Federal Government borrowed N4.2 trillion from local investors in the first half of the year (H1’22), representing 21 per cent, year-on-year YoY, increase from N3.89 trillion borrowed in the first half of 2021...

Investment In FGN Savings Bonds Rise By 53% To N7.5trn   Investment in the FGN Savings Bonds rose by 53 per cent, year-on-year, YoY, to N7.5 trillion in the first half of the year (H1’22), from N4.9 trillion in the corresponding period of last year (H1’21). Analysis...

FG Offers 9.2% Return For New Three-year Savings Bonds   The Federal Government has opened application list for the June tranches of its monthly retail bond issuance, otherwise known as Federal Government of Nigeria Savings Bond (FGNSB). The Debt Management Office (DMO), which oversees government’s debt issuance...