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How FG Borrowed N1.94trn From Bond Investors

How FG Borrowed N1.94trn From Bond Investors   The Federal Government borrowed a total of N1.94trn from bond investors in the first quarter of 2025, an analysis of bond auction results released by the Debt Management Office (DMO) showed. However, the amount was raised through Federal Government...

FGN Bond Subscriptions Decline to N530bn

FGN Bond Subscriptions Decline to N530bn Investor demand for Federal Government of Nigeria bonds declined significantly in March 2025 as total subscriptions dropped to N530.31bn, representing a sharp 67.5 per cent fall from the N1.63tn recorded in February. The decline follows two consecutive months of strong...

FG Offers Bonds Valued at N300bn for Auctioning – DMO

FG Offers Bonds Valued at N300bn for Auctioning - DMO The Debt Management Office (DMO) said yesterday it would reopen two federal government bonds for auctioning, valued at N300 billion, for subscriptions of N1,000 per unit. The FGN savings bond offers are targeted at retail investors...

Nigeria, Nine Others Account for 69% of Africa’s Debt – Afreximbank

Nigeria is one of the 10 African countries that collectively hold 69 per cent of the continent’s total external debt, according to a report by Afreximbank Research.

World Bank: FG Eyes Six Loans as Nigeria’s Debt Hit $9.2bn

World Bank: FG Eyes Six Loans as Nigeria’s Debt Hit $9.2bn The Federal Government is set to secure six new loans totalling $2.23bn from the World Bank in 2025 as the international financial institution continues to support the country’s economic and structural reforms. Data from the...

FGN Bond Auction Attracts N1.63tn Subscriptions in One Month 

FGN Bond Auction Attracts N1.63tn Subscriptions in One Month  The Federal Government’s bond auction for February recorded a surge in investor demand, with total subscriptions rising to N1.63tn, a significant increase from the N670.94bn recorded in January. The sharp rise in demand led to higher allotments,...