FG Seeks N300bn Through Bond Auction   The Federal Government, through the Debt Management Office (DMO) has announced plans to raise N300bn from the bond market via auction on May 26. According to the offer circular released by the DMO on Thursday, the issuance comprises an...

The Debt Management Office (DMO) has opened a seven-year N300 billion forward Ijarah (lease) Sukuk at a “rental rate” of 19.75 percent per annum.

Nigeria’s total public debt rose by N57.3tn within the first 18 months of the current administration, according to an analysis of data released by the Debt Management Office.

FG Plans to Raise N1.2tn from Bond Market in Q2 The Federal Government plans to raise between N900bn and N1.2tn from the domestic bond market in the second quarter of 2025, a sharp drop from the N1.8tn targeted in the first quarter of the year. This...

The Debt Management Office (DMO) says it will reopen two federal government bonds for auction, valued at N350 billion, for subscriptions of N1,000 per unit.

Nigeria’s total public debt rose to N144.67 trillion (approximately $94.23 billion) as of December 31, 2024, representing a 48.58 per cent increase.