THE latest debt data report by the Debt Management Office (DMO) shows that Nigeria’s total debt stock stood at $91.46 billion in Q1 2024, an equivalence of N121.67 trillion at the exchange rate of N1,330 per dollar. In Naira terms, this is a 24.99 percent (N24.33 trillion) increase over …
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The Federal Government, through the Debt Management Office, DMO, has redeemed a $500 million Eurobond on its due date on July 12, 2023. The DMO disclosed this on Wednesday in a statement on its website. In perspective, the Eurobond was issued in July 2013 (as part of a …
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The Debt Management Office (DMO) said the total public debt stock of Nigeria as at March was N49.95 trillion (108.30 billion dollars). According to a statement obtained from the DMO official website on Sunday, the total debt stock comprises the external and domestic debts of the Federal Government, the 36 …
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The Debt Management Office, DMO, said it raised N724.9 billion in its latest bond auction. The auction, which was held on February 13, 2023, saw 577 bids worth N724.9 billion received for the total amount offered of N360 billion. In a statement on Monday, the country’s debt office disclosed that …
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The Debt Management Office (DMO) has raised a total of N3.23 trillion from the domestic market to finance the 2022 federal government budget. The Director-General (D_G) of the office, Ms. Patience Oniha, disclosed this, in Abuja, yesterday, while briefing the press on the N100 Sukuk now being offered to the …
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