N60bn Offered As Subscription Bonds By DMO   The Debt Management Office has offered N60bn bonds for subscription in the Federal Government bond auction this month. The DMO said in a circular on Tuesday that it was authorised to receive applications on behalf of the Federal Government. It...

DMO To Issue First 30-year Naira Bond The Debt Management Office, on Thursday, revealed plans to issue the country’s first 30-year naira bond in a move to attract long-term investors and extend the maturity profile of its debt. As reported by Reuters, the country, which has...

FG Plans To Borrow N1.6tn In 2019, DMO Says The Director-General, Debt Management Office, Ms Patience Oniha, has said the Federal Government plans to borrow N1.6tn to fund the 2019 budget. Oniha said the government had been reducing its level of new borrowings, as it dropped...

As FG Raises N10.5bn Via Saving Bonds, DMO Calls For Awareness   The Director-General, the Debt Management Office (DMO), Ms. Patience Oniha said the federal government has raised sum of N10.5bn through Federal Government of Nigeria Savings Bond (FNSB) since the creation of the bonds March,...

FG Targets 40% Foreign Debt In 2019   The Federal Government plans to borrow more from foreign sources in 2019 in order to rebalance the ratio between foreign and domestic debts. The Debt Management Office which disclosed this in its Strategic Debt Management Plan 2018 – 2022...

FG Borrowed Over N2trn To Fund 2017 Budget, Says DMO   The Federal Government borrowed a total of N2.32tn in 2017 to fund deficit in the budget, the Debt Management Office has said. DMO said this in its 2017 Annual Report obtained by our correspondent in Abuja...