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Public Debt Increases by N57trn in 18 Months

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

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...

DMO to Auction N350b FGN Bonds

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.

Public Debt Increases by 48.58% to N144.67trn

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.

How FG Borrowed N1.94trn From Bond Investors

How FG Borrowed N1.94trn From Bond Investors   The Federal Government borrowed a total of N1.94trn from bond investors in the first quarter of 2025, an analysis of bond auction results released by the Debt Management Office (DMO) showed. However, the amount was raised through Federal Government...

FGN Bond Subscriptions Decline to N530bn

FGN Bond Subscriptions Decline to N530bn Investor demand for Federal Government of Nigeria bonds declined significantly in March 2025 as total subscriptions dropped to N530.31bn, representing a sharp 67.5 per cent fall from the N1.63tn recorded in February. The decline follows two consecutive months of strong...