Nigeria secures $4.95 billion in World Bank loans so far under Tinubu Administration
Nigeria has secured a total of $4.95 billion in loans from the World Bank under the administration of President Bola ...
Tag: Debt Management Office
Where are the billions? Analysing AfDB’s pledges to Nigeria over the past year
When it comes to Nigeria’s multilateral creditors, the African Development Bank (AfDB) stands out as one of the country's largest ...
FG eyes N450 billion from May 2024 bond auction
The Federal Government of Nigeria, through the Debt Management Office (DMO), has announced the issuance of bonds worth N450 billion ...
DMO to issue May FGN Savings Bond at 17.4% and 18.4%, highest rates ever
The two-year savings bond maturing on May 15, 2026, is to be offered at an interest rate of 17.407% per ...
FG raises N475.67 billion in March bond auction over rising rates rally
The Federal Government has raised N475.67 billion in its March bond auction, capitalising on the current rally in rising rates. ...
FG hopes to borrow N450 billion from FGN Bond auction in March
The Federal Government seeks to borrow N450 billion from its third FGN bond auction of 2024, according to the latest ...
Nigeria’s external debt servicing rises by 277.64% in three months over repayments on Eurobond, IMF loan
Nigeria has spent about 277.64% more servicing its external debt in the third quarter of 2023, according to the latest ...
N150 billion Sukuk to fund 53 road projects, says DMO
Ms Patience Oniha, has stated that the FG will utilize the ongoing N150 billion Sukuk issuance to fund some 53 ...
Nigeria’s debt service to revenue is a big headache and why it matters to you
The debt service to revenue ratio is a measure of how much of a country's revenue is used to pay ...
Debt: FG should tackle the deficit by closing revenue to GDP ratio through taxes – DMO
DMO revealed Nigeria has one of the lowest government revenue-to-GDP ratios in Africa.
