debt management office

  1. Nigeria Business News

    Business FG issues N59.53 billion in August bond auction – DMO – Vanguard News

    The Debt Management Office (DMO) on Wednesday, issued N59.53 billion Federal Government bonds for the three tenors it offered to various investors who subscribed at the auction. DMO-debt management office The DMO said this in a statement it issued in Abuja after the auction.... Read more...
  2. Nigeria Business News

    Business DMO to auction N145bn worth of bonds, July 24 – Newtelegraph

    The Federal Government has offered for subscription by auction N145 billion worth of bonds in its July 24 auction, the Debt Management Office (DMO) has said. The offer circular obtained from its website on Thursday stated that it would sell N40 billions of a five year re-opening issue maturing...
  3. curator

    Business This is what you get if you buy the latest FGN reopening bond – Nairametrics

    The Debt Management Office (DMO) will start auction of the new Federal Government Bond Reoffer for August on Wednesday 15th to be closed on Friday 17th. Here are details of the offer: How much can I buy? N1,000 per unit, subject to a minimum subscription of N50,000,000 and in … Read more...
  4. Samguine

    Politics Adeosun Remains Silent Over NYSC Certificate Scandal, Meets IMF Officials [SEE PHOTOS] - Nairaland

    Nigeria’s Minister of Finance, Kemi Adeosun, on Monday held a meeting with officials from the International Monetary Fund (IMF) and Debt Management Office (DMO). READ MORE HERE
  5. curator

    DMO: Five-year FGN Bond Oversubscribed by 60% – Thisdaylive

    The newly-floated federal government bond with five-year tenor was oversubscribed by 60 per cent, the Debt Management Office (DMO) revealed thursday. The DMO conducted the fourth in the series of federal government Bond Auctions for 2018 on April 25, to raise funds for the implementation …...
  6. curator

    Business Debt Management Office: FG to auction N90bn bonds – pulse.ng

    The Federal Government has offered for
subscription by auction N90 billion worth of bonds in its April 25 auction, the Debt Management Office (DMO) said. The offer circular obtained from its website on Tuesday in Abuja, stated that it would sell N30 billion of a five-year new issue maturing in...
  7. RemmyAlex

    Business Nigeria’s Debts Hit N20 Trillion - DMO

    Data made available by the Debt Management Office (DMO) yesterday showed that Nigeria’s debt stock has hit N20 trillion—as at September 30. Domestic debt accounts for 76.96 per cent of this figure while foreign debt accounts for 23.04 per cent. In figures, domestic debt stood at N15.679...
  8. RemmyAlex

    Business How Nigeria Borrowed N3.5 Trillion In 21 Months and Why You Should Be Worried

    The Federal Government said it borrowed N3.57tn between June 2015 and March 2017 to finance budget deficits. Details of the figure emerged Tuesday after an enquiry by Punch Newspaper, which was addressed to the Minister of Finance, Mrs. Kemi Adeosun, under the Freedom of Information Act. The...
  9. RemmyAlex

    Business Nigeria Owes 19.1 Trillion Naira As At March

    The Debt Management Office on Monday released the debt profile of the country as at March 31st 2017. This is N1.8tn increase from the N17.36tn recorded at the end of December 2016. As of March 31, 2015, the country’s total debt stood at N12.06tn. This means the debt level increased by N7.1tn...
  10. RemmyAlex

    Business Nigerian Government Offers 2-year Savings Bonds At 13.1%

    The Federal Government on Monday offered for subscription two-year savings bond at 13.18 per cent and three-year savings bond at 14.18 per cent, the Debt Management Office (DMO) has said. According to the offer circular derived from the DMO website, the two-year bond will be due in May 2019...
  11. RemmyAlex

    Business Nigeria: Domestic Debt Hits 2.95tn - See How Much Each State Is Owing

    The Debt Management Office (DMO) has said that the total domestic debt stock of the 36 states of the federation and the Federal Capital Territory (FCT) as at December 31, 2016, stood at N2.958 trillion. A breakdown of the indebtedness shows that Lagos, Delta and Akwa Ibom States topped the list...
  12. RemmyAlex

    Business Senate Shocked As Debt Profile Up By 6:53% Under Buhari

    Nigerian senate was shocked the Debt Management Office (DMO) on Thursday said the country’s total public debt stock comprising external and domestic borrowing of the Federal Government, 36 states and the Federal Capital Territory (FCT) is now $57.39billion equivalent to N17.36 trillion. The...
  13. RemmyAlex

    Business Nigeria To Sell N130bn Worth Of Bonds Next Week

    The Debt Management Office (DMO) has said that Nigeria will raise N130 Billion worth of bonds in three categories on Jan. 18. The DMO said this in its January “Bond Circular” posted on its website on Tuesday. The issuance will be the first in 2017. According to the DMO, the three categories...
  14. RemmyAlex

    Business FG Begins Plans To Borrow N1.8trn, Shortlists Banks For $1bn Eurobond Sale

    The Debt Management Office (DMO) has a short list of banks to manage its planned $1 billion Eurobond sale, Reuters quoted an official of the debt office to have said. The Eurobond is part of Nigeria’s plans to borrow a total of N1.8 trillion ($5.8 billion) from abroad and at home to fund an...
  15. RemmyAlex

    Business Debt Management Office Set Limit for Buhari's Borrowing Plan

    The Debt Management Office has fixed the maximum limit for President Muhammadu Buhari-led federal government’s domestic and external borrowing at 22.08 billion dollars for the 2017 fiscal year. This is part of policy recommendations of the Debt Management Office contained in its 2016 report of...
  16. RemmyAlex

    Business Nigeria: Do Not Borrow Above $22.08bn in 2017 – DMO Tells Buhari

    The Debt Management Office (DMO) has advised the President Muhammadu Buhari-led Federal Government not to borrow above 22.08 billion dollars in 2017. DMO gave the recommendation in its 2016 Debt Sustainability Analysis (DSA) report, obtained by the News Agency of Nigeria. In the report, DMO...
  17. K

    Metro Nigeria: Debt Management Office Names 3 Most Indebted States [LIST]

    According to statistics from the Debt Management Office in Abuja on Wednesday, the 36 states of the federation and the Federal Capital Territory owe $3.65bn in foreign debts as against the $7.61bn owed by the Federal Government as of June 30, 2016; bringing the country’s total foreign debt to...
  18. RemmyAlex

    Business Nigeria’s Debt Rises By N4.17tn Under President Buhari

    The country’s debt profile has risen by 4.17 trillion naira representing 34.41 percent under President Muhammadu Buhari, data released by the Debt Management Office revealed. The data showed that within the one-year period (July 2015 to June 2016), the country’s total debt rose by N4.17tn, or...
  19. RemmyAlex

    Business Nigeria to Sell N110Bn Worth of Bonds

    The Debt Management Office (DMO) says it will raise N110 billion worth of bonds in three categories on August 17, its first foray into the market since 2013. The DMO said this in its August “Bond Circular” posted on its website on Wednesday. According to the DMO, the three categories of bonds...
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