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DMO: FG’ll borrow N720bn in fourth quarter

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The Debt Management Office (DMO) has released its Federal Government of Nigeria (FGN) Bonds Issuance Calendar for the fourth quarter of 2022. The calendar contains...

Nigeria’s public debt hits N42trn

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The Debt Management Office (DMO) says Nigeria’s total public debt stock, which was N41.60 trillion ($100.07 billion) in March, rose to N42.84 trillion ($103.31...

DMO: Nigeria’s public debt may rise by 27%

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The Debt Management Office (DMO) has predicted an increase in Nigeria’s total public debt before the end of this year and 2023. DMO made the...

DMO lists N225bn FGN bond for auction

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The Debt Management Office (DMO) has offered three Federal Government of Nigeria (FGN) bonds valued at N225 billion for subscription through auction. The DMO announced...

DMO: Nigeria’s public debt hits N39trn

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Nigeria’s public debt as at December 2021 is N39.55 trillion, the Debt Management Office (DMO) has disclosed. Patience Oniha, the Director-General of the DMO, said...

DMO faults IMF on Nigeria’s debt sustainability report

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The Debt Management Office (DMO) has faulted the projection of the International Monetary Fund (IMF) that Nigeria might spend over 92 per cent of...

Sukuk: DMO returns N615bn to investors, shares N250bn to MDAs

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The Director-General of the Debt Management Office (DMO), Patience Oniha, says the oversubscribed portion of the N250 billion, 2021 Sovereign Sukuk, which attracted N865...

DMO: N250bn Sovereign Sukuk offer attracts N865bn subscription

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The Debt Management Office (DMO) has said that the N250 billion Sovereign Sukuk offer attracted unprecedented subscription of over N865 billion. An analysis of the...

DMO: Nigeria’s debt rises by N2.54trn in three months

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Nigeria’s debt has increased by N2.54 trillion in three months – July, August and September of 2021. The Debt Management Office (DMO) now put Nigeria’s...

Road projects: DMO to issue N250bn Sovereign Sukuk

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The Debt Management Office (DMO) is set to issue another Sovereign Sukuk of N200 – N250 billion this year to finance critical road projects...
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