FG’s Sukuk Highest Subscription Records 735% to N2.21tn in 2025 - DMO The Series VII of the Sovereign Sukuk of the Federal Government has recorded an unprecedented subscription level of over N2.21tn, representing an oversubscription of 735 per cent. This was revealed by the Debt Management...

Tinubu Seeks NASS Approval for Fresh Loans of $21.5bn, €2.19bn, ¥15bn, €65m Grant President Bola Ahmed Tinubu has formally requested the approval of the National Assembly (NASS) for $21.5 billion External Borrowing Plan for 2025-2026 as well as a $2 billion Foreign Currency Denominated Bond...

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...