FG Lists N163bn Sovereign Sukuk     The Federal Government has listed its N162.56 billion Sukuk on the Nigerian Exchange (NGX) Limited, paving the way for investors to trade on the non-interest bond. The Debt Management Office (DMO), which oversees Nigeria’s government debt issuances, listed the N162.56 billion,...

Nigeria’s Public Debt Stands At N32.9trn — DMO       Nigeria’s Total Public Debt as of December 31, 2020, stood at N32.915 Trillion. The figures include the Debt Stock of the Federal and State Governments, as well as, the Federal Capital Territory. The Debt Management Office (DMO) released...

Nigeria Has $5.83bn Undisbursed Foreign Loans, Says DMO       Nigeria has more than $5.83bn foreign loans that have been approved but not yet disbursed, the Debt Management Office has said. The DMO on its portal on Sunday listed a number of foreign loans that were to be...

FG To Convert N10trn CBN Financing To 30-year Debt     The Federal Government has set the terms for the conversion of its stock of Central Bank of Nigeria (CBN) overdrafts into long-term notes in a bid to create transparency around its dependence on that source of...

Fed Govt’s February Bonds Oversubscribed By N39.51bn – DMO       The Federal Government’s bonds for February worth N150bn which were auctioned on Wednesday were oversubscribed by N39.51bn, the Debt Management Office, said on its website. The total subscription received from investors for the bonds was N189.51bn, comprising...

FG To Redeem Debts Owed States With Over N31.4bn       The Federal Government will tomorrow release over N31.4 billion to state governments in keeping with its obligations to service its debts. The state governments will be credited with N31,440,652,571 tomorrow when the promissory notes issued to them...