Fed Govt Reduces March Bonds, Auctions N50bn   The Debt Management Office has said that Federal Government will auction N50bn worth of bonds by subscription on March 25. A circular by the DMO on Wednesday showed the breakdown of the figure to include a N15bn five-year reopening...

Coronavirus Threatening Our Debt Servicing Plans, Says DMO   The Debt Management Office on Monday raised the alarm that the outbreak of coronavirus was threatening the arrangement put in place to service the nation’s debts. The DMO explained that Nigeria’s total public debt grew from $17.35bn in...

DMO Declares March Savings Bond Offer Opened   The Debt Management Office (DMO) yesterday opened offer for the Federal Government of Nigeria’s Savings Bond for March 2020 with yields lower than what it offered in February. The offer circular showed that it is offering the 2-year FGN...

Debt: DMO Advises Public Sector On Transparency   As concerns on growing debts of developing countries rise, it is important for public financial managers to be conversant with debt transparency and services among other issues. The Director-General, Debt Management Office, Patience Oniha, said this while making a...

Increased Revenue Is Needed To Service Loans, Others – DMO   The Director-General, Debt Management Office, Mrs Patience Oniha, has said that borrowing is necessary to finance capital projects but the major challenge the country has is the level of revenue it is generating. She said this...

FG To Auction Bonds Worth N140bn By February 19   The Debt Management Office has said that the Federal Government would auction N140bn worth of bonds by subscription on February 19. A circular by the DMO on Wednesday showed the breakdown of the figure to include a...