DMO Archives — City Business News

February 16, 2024 No Responses

DMO Offers N2.5trillion FGN Bonds For Subscription

The Debt Management Office has offered two Federal Government of Nigeria bonds valued at N2.5 trillion for subscription at N1,000 per unit. The first offer is a seven-year bond valued at N1.25 trillion and expected to mature in February 2031....

August 4, 2023 No Responses

DMO Lists N130b Sukuk On NGX, FMDQ

The Debt Management Office (DMO) has listed the N130 billion Sovereign Sukuk on the Nigerian Exchange Group (NGX) and the FMDQ Securities and Exchange. A statement issued by DMO explained that the instrument was opened for subscription in November 2022,...

April 13, 2023 No Responses

DMO Re-Opens N360b FGN Bonds For Subscription

The Debt Management Office (DMO) has listed four Federal Government of Nigeria (FGN) bonds valued at N360 billion for subscription at N1,000 per unit. The first offer is a February 2028 FGN Bond valued at N90 billion, at an interest...

April 4, 2023 No Responses

DMO Offers April FGN Savings Bonds

The Debt Management Office (DMO), on Monday offered two Federal Government of Nigeria (FGN) Savings Bonds for the month of April at N1,000 per unit. According to the DMO, the first offer is a two-year FGN Savings Bond due in...

March 14, 2023 No Responses

DMO Re-Opens Auction For N360b FGN Bonds

The Debt Management Office (DMO) on Tuesday offered four Federal Government of Nigeria (FGN) Bonds valued at N360 billion for subscription through auction. According to the DMO, the first offer is a February 2028 FGN Bond valued at N90 billion...

February 11, 2023 No Responses

FG Reopens N360b Bonds For Auction

The Debt Management Office (DMO), has on behalf of the Federal Government of Nigeria (FGN), listed four FGN bonds valued at N360 billion for auction. Announcing the bond auction, the DMO listed the first offer as a February 2028...

February 7, 2023 No Responses

DMO Presents N130b Sukuk Cheque To FMWH, FCTA

The Debt Management Office, on Monday, presented cheques of N130 billion being Proceeds of the 2022 Sovereign Sukuk offer to the implementing ministries. The implementing ministries were the Federal Ministry of Works and Housing (FMWH) and the Federal Capit...

January 6, 2023 No Responses

DMO: Alarm Over National Debt Unnecessary

The alarm created around the country’s projected public debt by a segment of the media was unnecessary, the Debt Management Office (DMO), said on Thursday. The Director-General, Mrs Patience Oniha, said this in a statement to react to reports by...

January 3, 2023 No Responses

DMO Announces 2023 First Offer

The Debt Management Office (DMO) on Monday announced the issuance of its first bonds for 2023, two Federal Government of Nigeria (FGN) Savings Bonds for a subscription. According to a statement by the DMO, one is a two-year FGN Savings...

December 8, 2022 No Responses

DMO Issues Two FGN Savings Bonds

The Debt Management Office (DMO) has announced its December issuance of two Federal Government of Nigeria (FGN) Savings Bonds at N1,000 per unit. According to a statement by the DMO, the first offer is a two-year FGN Savings Bond due...

December 5, 2022 No Responses

DMO Boss At CAMCAN Workshop, Lists Ways To Tackle Nation’s Debt Burden, Revenue Challenges

The Director-General, Debt Management Office (DMO), Ms Patience Oniha, has stressed the need for Nigeria to operate an efficient tax administration as part of measures to tackle revenue challenges. Speaking at the 2022 Capital Market Correspondents Assoc...

November 21, 2022 No Responses

DMO Offers N100b “Sukuk” Bonds At N1,000 Per Unit

The Debt Management Office (DMO) offered N100 billion “Ijarah Sukuk’’ bonds for subscription at N1,000 per unit on Monday on behalf of the Federal Government. It stated in Abuja that the offer is of 10-year tenor due for maturity...

November 8, 2022 No Responses

DMO Issues 2 FGN Savings Bonds

The Debt Management Office (DMO) has announced the issuance of two Federal Government of Nigeria (FGN) Savings Bonds for subscription at N1,000 per unit. According to a statement by the DMO via its website on Monday, the first offer is...