With N1.04trn, South-West Tops Domestic Debtors' List   The South-West has more domestic debt than other regions of the country. Statistics obtained from the Debt Management Office on Monday showed that the geopolitical zone was exposed to a domestic debt of N1.04tn as of March 31. The statistics...

FG Seeks New Investment In N145bn Bonds The Debt Management Office has said the Federal Government will auction N145bn worth of bonds by subscription on August 21. The DMO said in a circular on Wednesday that it was authorised to receive applications on behalf of the...

Savings Bond: DMO Records N13.44bn Investment   The Debt Management Office says the Federal Government savings bond has recorded a total of N13.44bn investment since its inception in March 2017. According to data presented at the Retail Bond Workshop at the Nigerian Stock Exchange in Lagos on...

DMO Offers August FGN Bonds At 10% Interest Rate The Debt Management Office (DMO) is offering two and three years’ savings bonds for the month of August at 10.3% and 11.3% interest rates respectively to raise capital for the 2019 Budget. This was contained in a...

FG Lists Savings Bonds Worth N277.7bn On Stock Exchange   The Federal Government has listed savings’ bonds worth N277.7bn on the Nigerian Stock Exchange. The bonds, which were listed on Tuesday, consisted of N78.7bn two-year series 56 bonds at the rate of 11.195 per cent and N198.9bn...

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...