Business

Ex-UK PM Sunak appointed senior adviser at Goldman

  • 8th July 2025
New SEC regulation to enhance transparency in bank recapitalization

SEC clarifies director tenure rules, eases market operators’

  • 7th July 2025
Top ten Nigeria universities in 2024

FG launches 2025/2026 technical teachers training programme

  • 7th July 2025
CBN

BVN enrolment remains free for Nigerians at home

  • 7th July 2025

Contact Info

Some Populer Post

has presented its 2024 Regulatory Impact Assessment, a comprehensive review aimed at overhauling existing telecom regulations

NCC moves to regulate A2P messaging, protect consumers

Telecommunications
Dangote Refinery loses N32.5bn after petrol price cut

Dangote refinery to run fully on local crude 2025

Oil and Gas

Ex-UK PM Sunak appointed senior adviser at Goldman Sachs

Business

Reps approve ₦774.77bn 2025 budget for NIMASA

News
  • Home
  • Debt Management Office

Tag: Debt Management Office

Business

Nigeria’s promissory notes drop 15.6% in Q1 2025 — DMO

Nigeria’s promissory notes plummeted by 15.6% quarter-on-quarter, declining from N1.542 trillion in December 2024 to N1.301 trillion in March 2025, according to the Debt Management Office. The decrease, which also reflects a 17.1% year-on-year drop from March 2024, underscores the federal government’s intensified efforts to settle verified obligations and bolster economic confidence. Promissory notes, legally […]

N130bn Sukuk listed on NGX, FMDQ - DMO
featured

DMO raises N4.28bn from FGN savings bonds in May

The Debt Management Office announced the results of the Federal Government Savings Bonds auction for May 2025, allotting a total of N4.28 billion, according to data released on its website Friday. The figure reflects a slight decline from the N4.34 billion allotted in April 2025. The auction, conducted between May 5 and 9, 2025, offered […]

News

DMO launches April FGN savings bond with 17.046% interest

The Debt Management Office of Nigeria has launched the subscription for the April 2025 FGN Savings Bond, offering interest rates of up to 17.046% per annum for retail investors. According to the DMO’s official notice, the bond offering is structured as follows: 2-Year FGN Savings Bond due April 16, 2027: 16.046% per annum; 3-Year FGN […]

Lagos tops list of states with most external debt
Economy

Nigeria’s public debt rises to N144.67 in December 2024

Nigeria’s public debt surged by 48.58%, reaching N144.67 trillion ($94.23 billion) as of December 31, 2024, up from N97.34 trillion ($108.23 billion) at the close of 2023. This increase was disclosed in the latest report by the Debt Management Office on the country’s public debt profile. The report also showed a 1.65% quarter-on-quarter increase, from […]

News

FG to raise N150bn from bond market in Sept 2024

The Federal Government, via the Debt Management Office is set to raise N150 billion from the bond market in September 2024. This issuance is part of a broader borrowing strategy aimed at bridging the budget deficit. The auction, scheduled for September 23, 2024, is offering one of the smallest in 2024, representing a 21% decrease […]

Economy

Nigeria’s public debt soars to N97.34tn — DMO report

The Debt Management Office of Nigeria has revealed that Nigeria’s public debt has surged to N97.34tn as of the fourth quarter of 2023. This was disclosed by DMO in a statement on Friday, according to The Punch. One way that countries can get extra funding to boost their economies is through government debt. This way, […]

FG recovered N58bn from 7,000 debtors - Report
News

FG recovered N58bn from 7,000 debtors – Report

  In over 946 ministries, divisions, and organisations across the country, the Federal Government has taken action against its debtors and has so far recovered N58 billion from 7,000 debtors. According to The PUNCH, this was disclosed in a report presented by the director, Federal Ministry of Finance, Budget, and National Planning (Special Projects), Victor […]

Economy

Buhari regime to leave N77trn debt – DMO

The Debt Management Office has declared that the outgoing administration of the President, Major General Muhammadu Buhari (Ret’d.), will be leaving behind a debt of ₦77 trillion.   The Director General of the DMO, Patience Oniha, said this at the “Public Presentation and Breakdown of the Highlights of the 2023 Appropriation Act” in Abuja on […]

Investment

DMO announce 2023’s first savings bond offer

The Debt Management Office has announced two Federal Government Savings Bonds for subscription as its first bonds issuance for 2023.   In a statement on Monday, the DMO announced that one is a two-year FGN Savings Bond due in January 11, 2025, at the interest rate of 9.600 per cent per annum, while the other […]

News

Rising debt affecting investment in infrastructure, others – DMO

The Director General of the Debt Management Office, Patience Oniha, has said that high debt levels lead to high debt services and affect investment in infrastructure. This is according to a document by her, which was presented during a workshop for civil society organisations organised by the SFTAS programme coordination unit held in Abuja on […]

Debt
Economy

Debt servicing draws Nigeria closer to Lebanon crisis

Nigeria is edging closer to a Lebanon financial crisis that has caused the country to see a high rate of poverty, inflation, and emigration. BusinessDay, citing new projections by the International Monetary Fund, reported that Nigeria could be spending 100 per cent of its revenues servicing debt by 2026. Nigeria’s debt servicing cost as a […]

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

Email Us: [email protected]

ambusinessng @2025. All Rights Reserved.

Facebook-f Pinterest-p Youtube Instagram Linkedin-in