DMO – Page 2 of 3 – Prime Business Africa

4 Reasons Buhari Depends On Loans – Nigeria’s Debt Office

The Debt Management Office (DMO) said petrol subsidy is reducing Nigeria’s revenue and increasing Nigeria’s debt, which rose from N39.56 trillion recorded at the end of December 2021, to N41.6 trillion at

Fakoyejo Olalekan

2 years ago

Business

DMO Says Bank Savings Unattractive, As FG Slashes Bonds Investment To N5,000

Director-General of Debt Management Office (DMO), Patience Oniha, said investing in bonds offered by the Federal Government of Nigeria is more profitable compared to saving with Nigerian banks, as FG slashes investment

Fakoyejo Olalekan

2 years ago

Business

Top Five Nigerian States With Highest Domestic Debt

The 36 states in Nigeria, including the federal capital territory, Abuja, have a domestic debt profile of N4.84 trillion as at the end of first quarter 2022, rising from the N4.46 trillion

Fakoyejo Olalekan

3 years ago

Business·Insights

Every Nigerian Now Owes N200,000 On N41.60 Trillion Foreign Debt, Others

Nigerians now owe over N200,000 to both domestic and foreign creditors due to the rising public debt of the Federal and State governments, which rose to N41.60 trillion in the First Quarter

Fakoyejo Olalekan

3 years ago

Business

DMO Auctions N225bn FGN Bonds At N1,000 Per Unit

The Debt Management Office has offered three new federal government of Nigeria (FGN) bonds valued at N225 billion for subscription by auction. The agency explained that the bonds are valued at N1,000

PBA Reporter

3 years ago

Business

How Nigeria Can Lower Debt Service-To-Revenue – DMO

The Debt Management Office (DMO) has disclosed that Nigeria can lower its debt service-to-revenue ratio if it generates higher revenue like Ghana, Kenya, and Angola. The DMO explained that Nigeria has a

PBA Reporter

3 years ago

Business

DMO Returns Oversubscribed 2021 Sovereign SukukTo Investors

The Director-General of the Debt Management Office (DMO), Patience Oniha, has disclosed that the over subscribed portion of the N250 billion, 2021 Sovereign Sukuk, which attracted N865 billion, was returned to investors.

PBA Reporter

3 years ago

Business

DMO Records $4bn Eurobond On FMDQ Securities Exchange

The $4 billion Eurobond issued by the federal government of Nigeria has been listed on the FMDQ Securities Exchange. Prime Business Africa gathered that debt securities were issued by the Nigerian government

PBA Reporter

3 years ago

Business

Nigeria’s Bond Issuance Oversubscribed By N139 Billion – DMO

The Debt Management Office (DMO) has disclosed that the country’s January bond issuance valued at N214.05 billion ended with an oversubscription of N139 billion. The debt office disclosed this in the FGN bond result

PBA Reporter

3 years ago

Business

DMO Offers 10-Year N250bn Sukuk For Subscription

The Debt Management Office (DMO) has disclosed that it is offering a 10-year N250 billion road Sukuk instrument at a rental rate of 12.80 percent per annum, payable half-yearly. The offer at

PBA Reporter

3 years ago

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DMO - Page 2

4 Reasons Buhari Depends On Loans – Nigeria’s Debt Office

DMO Says Bank Savings Unattractive, As FG Slashes Bonds Investment To N5,000

Top Five Nigerian States With Highest Domestic Debt

Every Nigerian Now Owes N200,000 On N41.60 Trillion Foreign Debt, Others

DMO Auctions N225bn FGN Bonds At N1,000 Per Unit

How Nigeria Can Lower Debt Service-To-Revenue – DMO

DMO Returns Oversubscribed 2021 Sovereign SukukTo Investors

DMO Records $4bn Eurobond On FMDQ Securities Exchange

Nigeria’s Bond Issuance Oversubscribed By N139 Billion – DMO

DMO Offers 10-Year N250bn Sukuk For Subscription

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