Debt Management Office
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Nigeria emerges first in Africa to access ICM, raises $1.25bn Eurobonds
Nigeria has officially raised 1.25 Billion dollars through the issuance of a seven-year Eurobonds in the International Capital Market (ICM).…
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Nigeria’s public debt now N39trn, says DMO
The Debt Management Office (DMO), says Nigeria’s public debt as at December, 2021 is N39.55 trillion. Patience Oniha, the Director-General…
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DMO returns oversubscribed 2021 sovereign Sukuk to investors
The Director-General of the Debt Management Office (DMO), Patience Oniha, says the oversubscribed portion of the N250 billion, 2021 Sovereign…
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Nigeria’s external debt servicing jumps by 74% to $520.78m in Q3 2021
Nigeria spent a sum of $520.78 million on external debt servicing in the third quarter of 2021, rising by 74.2%…
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Hearing in 36 governors’ $418m debt suit stalled
A suit filed by the 36 state governors over a plan to deduct monies accruing to them from the federation…
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3 federal ministries to benefit from 2021 Sukuk funds, says DMO
The Debt Management Office (DMO) says its latest offer of N250 billion sovereign Sukuk, the fourth in the series, would…
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DMO offers N250bn Sukuk for subscription as debt rises to $92.6bn
The Debt Management Office (DMO) has offered for subscription N250 billion road Sukuk instrument for N1,000 per unit. A statement…
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Why FG continue taking more loans – DMO
By Dennis Mernyi The federal government has given more reasons why it will continue taking more foreign loans even as…
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Experts disagree on FG’s latest foreign loan requests
By Andy Asemota and Ben Ogbemudia President Muhammad Buhari has requested for the Senate approval of $4.95 billion and Euro…
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DMO offers FG bonds for subscription at N1000 per unit
The Debt Management Office (DMO) on Monday offered for subscription more Federal Government bonds at N1000 per unit. According to…
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