DMO Lists FG’s 2nd N100bn Sukuk On NSE   The Debt Management Office on Tuesday listed the Federal Government of Nigeria’s second N100bn seven-year Sukuk on the Nigerian Stock Exchange. The Sukuk, which is due to mature in 2025, was raised at a rental rate of 15.743...

In 3 Months, External Debt Servicing Gulp $357.26m The Federal Government spent a total of $357.26m in the first three months of the year to service external debt, the Debt Management Office has disclosed. Statistics obtained from the DMO in Abuja on Thursday showed that commercial...

FG Commences Savings Bond Auction For July The Federal Government has commenced the auction of its savings bond for July this year. A savings bond is targeted at low-income earners to encourage them to save and earn more income (interest) when compared with their savings account...

FG To Borrow $2.7bn Foreign Loan This Year – DMO The Federal Government will borrow $2.7bn (N824.82bn)from foreign sources in 2019, the Debt Management Office, has said. In a statement made available to our correspondent in Abuja on Wednesday, the DMO said that the first priority...

FG Seeks Another N100bn Sukuk Bond To Finance Infrastructure The federal government is to float over N100bn third Sukuk Bond in a bid to address infrastructure challenge. The government had successfully floated the first and second Sukuk bonds raising N100 billion from each exercise in...

FG Seeks Fresh N100bn Bond Through Auction The Federal Government is offering fresh N100bn bonds for subscription through an auction scheduled for next week. The Debt Management Office, in a circular on Tuesday, said it was authorised by the Federal Government to receive applications for the...