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.

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   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 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...

FG Offers Bonds Valued at N300bn for Auctioning - DMO The Debt Management Office (DMO) said yesterday it would reopen two federal government bonds for auctioning, valued at N300 billion, for subscriptions of N1,000 per unit. The FGN savings bond offers are targeted at retail investors...

Nigeria is one of the 10 African countries that collectively hold 69 per cent of the continent’s total external debt, according to a report by Afreximbank Research.