The Federal Government has approved a ₦4 trillion debt refinancing plan for Nigeria’s power sector, a move aimed at clearing long-standing arrears owed to power generation companies and improving electricity …
DEBT MANAGEMENT OFFICE
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EconomyFinance & ServicesGOVERNMENTINVESTMENT
DMO Opens Subscription for New FGN Savings Bonds at 16.121% and 17.121% Interest Amid Investor Caution
The Debt Management Office (DMO) has announced the opening of subscriptions for two Federal Government of Nigeria (FGN) Savings Bonds starting today, Monday, June 2, 2025. The retail-targeted bonds, priced …
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BusinessBusiness PoliciesEconomyGOVERNMENTInfrastructurePolicies
FG’s Series VII Sovereign Sukuk Records ₦2.21tn Oversubscription, Shows Growing Investor Confidence
The Federal Government of Nigeria has recorded massive investor interest in its latest Sovereign Sukuk, with the Series VII attracting over ₦2.21 trillion in subscriptions. This figure, announced by the …
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Banking, Finance & InvestmentEconomyFinance & ServicesMarketsNigeriaSecurity
CBN Records N1.21tn Subscription at Latest T-Bills Auction Amid Strong Investor Demand
The Central Bank of Nigeria (CBN) has recorded a significant rise in investor interest at its most recent treasury bills auction, with total bids hitting N1.21 trillion, despite slightly reducing …
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AfricaBanking, Finance & InvestmentEconomyFinance & ServicesGOVERNMENTINVESTMENTMarketsNigeriaPolicies
FG Opens May 2025 Savings Bond Window for Retail Investors
The Federal Government of Nigeria, through the Debt Management Office (DMO), has launched a new round of the Federal Government of Nigeria (FGN) Savings Bond for the month of May …
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Business InsightsBusiness PoliciesEconomyFinance & ServicesINVESTMENTMarketsNigeria
Nigeria’s bond demand declines amid rate hike worries
Investor interest in Federal Government of Nigeria bonds has dropped, as concerns about rising interest rates and high inflation continue to affect decisions in the financial markets. According to the …
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The Debt Management Office (DMO) has announced the listing of three Federal Government of Nigeria bonds valued at N225 billion for a subscription via auction at N1,000 per unit. This …