FG Reopens Subscription Offer For N150bn Bonds In December   The Federal Government has opened subscription offer for its December bond by reopening the APR-2023, APR-2029 and APR-2049 bonds, offering investors N50bn each across each tenor. The Debt Management Office said in a notice on Wednesday that...

Buhari Administration Met $63.81bn Debt - DMO   The Debt Management Office on Monday said the President Muhammadu Buhari administration met a debt stock of $63.81bn when it came into office in 2015. The DMO was responding to a claim that Buhari inherited a debt stock of...

FG Offers New Savings Bonds To Investors   The Federal Government on Monday offered a two-year and three-year savings bonds for subscription. The Debt Management Office said in a circular that the bonds were backed by the full faith and credit of the Federal Government and charged...

In 11 Months, Investors Reap N112bn From Bonds   The Federal Government has paid a total of N112.42bn as interest on fresh bonds issued from July 2018 to May 2019, data obtained from the Debt Management Office has shown. The interest payments were made between January and...

In 12 Months, Foreign Debt Servicing Gulps $1.66bn   Servicing the nation’s external debt gulped $1.66bn in one year, from July 2018 to June 2019, an analysis of data obtained from the Debt Management Office has shown. Our correspondent reports that within the one-year period, the country’s...

FGN Nov Bonds Oversubscribed By N102.35bn   The FGN bond auction by the Debt Management Office which took place on Wednesday was oversubscribed by N102.35bn. The DMO offered N150bn from three instruments (five-year, 10-year and 30-year bonds) for N50bn each, to investors at the auction. The total subscription...