FG Presents November Savings Bonds For Subscription   The Federal Government on Monday offered November savings bonds for subscription. The Debt Management Office disclosed that it offered a two-year FGN savings bond due on November 13, 2021 at the rate of 10.296 per cent per annum; and...

In Four Months, Domestic Bond Investors Receive N190bn Interest   Investors in the bonds issued by the Federal Government received about N190bn as interest between April and June this year. Investors that subscribed to domestic bonds issued by the Federal Government earned about N190bn as interest within...

FG’s October Bonds Oversubscribed By N105bn, Says DMO   The Federal Government’s bonds for the month of October worth N150bn, which were auctioned on Wednesday, were oversubscribed by N105.99bn, the Debt Management Office disclosed this on its website. The total subscription received from investors for the bonds...

Nigeria Borrowed More In Last 3 Years Than It Did In 30 Years   At current levels of over N25 trillion, it means that Nigeria has borrowed in three years more than it borrowed in 30 years previously, and the country to remain peaceful and get...

FG To Auction N150bn Bonds On October 23   The Debt Management Office has said that the Federal Government will auction N150bn worth of bonds by subscription on October 23. A circular by the DMO on Wednesday showed the breakdown of the figure to include a N50bn...

Nigeria’s Public Debt Rises To N25.7trn   The nation’s total public debt rose by N3.32tn in one year to N25.7tn as of the end of June 2019, the Debt Management Office said on Tuesday. The Federal Government owed N20.42tn as of June 30, 2019 while the 36...