FG To Auction N150bn Bonds Next Week     The Debt Management Office has said the Federal Government will auction N150bn worth of bonds by subscription on August 19. A circular by the DMO on Tuesday showed the breakdown of the figure to include a N25bn 10-year reopening...

DMO To Resume FGN Savings Bonds Offer August 10     The Debt Management Office (DMO) will resume its Offer of the Federal Government of Nigeria Savings Bond (FGN Savings Bond) with effect from August 2020. The DMO suspended the Monthly Offers of the bond in April 2020...

Fed Govt’s July Bonds Oversubscribed By N340.13bn     The Federal Government Bonds for the month of July worth N130bn, which were auctioned on Wednesday, were oversubscribed by N340.13bn, the Debt Management Office has said. The total subscription received for the bonds was N470.13bn, comprising of N71.97bn for...

Rivers, Lagos Lead As States Domestic Debts Hit N4.1trn   The total domestic debts for the 36 states of federation and the Federal Capital Territory stood at N4.1tn as of the end of March, 2020, the Debt Management Office has disclosed. According to the DMO, Lagos led...

FG Spends N609.134bn On Domestic Debt Servicing     The Federal Government has spent N609.135 billion to service domestic debt in the first quarter of 2020. The Debt Management Office (DMO) released this figure yesterday in Abuja. According to the DMO, between January and March, 2020, the Federal Government...

Fed Govt Borrowed N1.54trn Through Bond Auctions In H1’20   The Federal Government borrowed N1.54 trillion from domestic investors through bond auctions conducted by the Debt Management Office (DMO) in the first half of the year (H1’2020). These include N1.37 trillion borrowed through the monthly FGN bond...