30 results
- 3 Mar 2021
DMO Clears Air on Alleged Missing N2.2 Trillion
Debt Management Office (DMO) has declared that N2. 2 trillion, which could not be traced by the National Assembly is not missing. The DMO in a statement said: “The provisions in the Annual…
- 16 Dec 2021
DMO Offers N250bn Sovereign Sukkuk for Subscription
The Debt Management Office, DMO, has offered for subscription N250 billion Sovereign Sukuk instrument for N1,000 per unit. DMO stated this yesterday on its website saying: ”This Sovereign Sukuk,…
- 21 Dec 2012
DMO raises N60Bn from Bond Sales
Debt Management Office (DMO) said it has traded bond worth N60 billion on the Nigeria Stock Exchange (NSE) since 2006 the bond market was resuscitated. Dr Abraham Nwankwo, director-general, DMO who…
- 4 Aug 2008
DMO Bond Records N12.23 Bn Over-Subscription
Debt Management Office (DMO) has said that the ten-year Federal Government Bond worth N20 billion issued in May, 2008 was over subscribed with N12.23 billion. A statement by Mr. Joseph Inokotong, DMO…
- 9 Nov 2015
SEC, DMO Move to Collaborate to Boost Domestic Bond Market
The Securities and Exchange Commission (SEC) and the Debt Management Office (DMO) have agreed to work in synergy for the growth and development of Nigeria’s financial system, particularly, the…
- 4 Oct 2015
DMO Underscores Online Publishers Role in Debt Management
The Debt Management Office (DMO), has described online publishers as formidable force to reckon with in the nation’s debt management operations. Dr. Abraham Nwankwo, director general of the Debt…
- 21 Jan 2016
SEC, DMO to Collaborate on Issuance of Nigeria’s First Sovereign Sukuk
The aspiration for issuing Nigeria’s first sovereign sukuk received a huge boost yesterday as the Securities and Exchange Commission (SEC) and the Debt Management Office (DMO) committed to strengthen…
- 20 Feb 2025
DMO Appoints Stanbic IBTC as New FG Stockbroker
The Debt Management Office (DMO) on Thursday appointed Stanbic IBTC Stockbrokers Limited as the Federal Government’s official stockbroker, marking a strategic move to bolster Nigeria’s domestic bond…
- 8 Jul 2014
DMO Cautions Banks against Lending to Govts
Debt Management Office (DMO) has warned all banks operating in the country that further contravention on the requirement for lending to all tiers of government will be met with full sanctions.…
- 18 May 2023
FGN Securities Aids National Development, says DMO
Debt Management Office (DMO) says investment in Federal Government of Nigeria (FGN) Securities is a way of contributing to national development, according to NAN report. Patience Oniha,…
- 22 Jan 2013
Reps Ask DMO to Refund N200m
Debt Management Office (DMO) has been accused of tax evasion and other financial recklessness and has been given 48-hour ultimatum to refund N200 million to the federal government. The accusation and…
- 17 Feb 2016
SEC, DMO Inaugurate Committee for Nigeria’s First Sovereign Sukuk
Securities and Exchange Commission (SEC) and the Debt Management Office (DMO) have inaugurated a committee for the nation’s first sovereign “Sukuk”. Sukuk is an Islamic financial certificate, similar…
- 7 Apr 2013
DMO Says FG to Raise 410Bn from Bonds
Debt Management Office (DMO) has said that the Central Bank of Nigeria (CBN) may sell as much as N410 billion worth of bonds during the second quarter of this year. It said that bond sales for the…
- 22 Jun 2009
Oceanic Bank Celebrates 19th Anniversary, Gets DMO License to Trade FG Bonds
As Oceanic bank International Plc marks its 19th year anniversary in commercial banking business, the Debt Management Office (DMO) has also granted a license to the bank to bid and trade in Federal…
- 17 Apr 2014
DMO to Sell Bonds Worth N50Bn
Debt Management Office (DMO) on yesterday said it would sell bonds worth N50 billion. The bonds comprise N25 billion of three-year paper and N25 billion in the 10-year paper. This is contained in the…
- 20 Jul 2022
DMO Raises N8.8bn from Savings Bond
The Debt Management Office (DMO) has stated that it raised N1.367 billion from the Federal Government Savings Bond auction held this month bringing the total value of the amount raised in the year to…
- 18 Jan 2013
DMO to Sell N360Bn Bond in Q1
Debt Management Office (DMO) on Wednesday said that it planned to raise between N210 and N360 billion in sovereign bonds from five years to 20 years in the first quarter of 2013. It said in a…
- 24 Apr 2022
DMO Auctions Three New FGN Bonds Valued at N225bn
The Debt Management Office (DMO) has offered three new Federal Government of Nigeria (FGN) bonds valued at N225 billion for subscription through auction in April. They are a N75 billion FGN bond at…
- 23 Apr 2025
DMO Opens N350bn Bond Auction: Get Your Slice of the Pie
Debt Management Office (DMO) has announced the reopening of two Federal Government of Nigeria (FGN) bonds for public auction, with a total value of N350 billion, offering units at a subscription…
- 9 Aug 2026
FG Spent N3.1 Trillion on Domestic Debt Servicing in Q1- DMO
Debt Management Office (DMO) said the federal government spent N3.14 trillion on servicing its domestic debt in the first quarter of 2026. The office disclosed the data in its latest domestic debt…
- 17 Feb 2026
DMO Offers ₦800bn FGN Bonds in February Auction Surge
Debt Management Office (DMO) plans to raise ₦800 billion through Federal Government of Nigeria (FGN) bonds in February 2026, a 128.6% jump from the ₦350 billion mobilised last year, highlighting the…
- 4 Oct 2013
DMO Says Demos tic Market Has Increased Forex Inflow
Debt Management Office (DMO) on Friday said that its domestic debt market initiative had helped to increase inflow of foreign exchange. It said that this had also contributed to the growth of…
- 12 Dec 2014
DMO to Sell N6Bbn Worth of Bonds Dec. 17
The Debt Management Office (DMO) says it plans to sell N65 billion worth of sovereign bonds on Dec. 17. In a circular posted on its Website, the Debt Management Office said that the bonds' maturity…
- 23 Oct 2014
DMO Stops Banks from Lending to State Govts
Debt Management Office (DMO) has stopped the commercial banks from lending to the state governments as well as local governments across the country. Timothy Odaah, chairman of Commissioners of…
- 2 Nov 2016
$29.9Bn Loan: DMO Backs Presidency, Stresses Need for Infrastructure
Dr. Abraham Nwankwo, director general of the Debt Management Office (DMO) on Tuesday provided clarifications on the proposed $29.9bn foreign loans request submitted to the National Assembly by…
- 21 Jun 2024
Nigeria’s Public Debt Now N121trn - DMO
Debt Management Office (DMO) says Nigeria’s total public debt has reached N121.67 trillion within three months. The Cable reports that this figure represents an increase of N24.33 trillion or 24.99…
- 5 Jan 2023
Alarm over National Debt Unnecessary – DMO
The Debt Management Office (DMO) says the alarm created around the country’s projected public debt by a segment of the media was unnecessary. The Director-General, Mrs Patience Oniha, said this in a…
- 22 Dec 2017
DMO Pioneers Diaspora Bond, Eurobonds on FMDQ Platform
The Federal Republic of Nigeria through the Debt Management Office (DMO) has pioneered the inaugural listing of Diaspora Bond on the FMDQ OTC Securities Exchange platform. FMDQ in a statement in…
- 13 Aug 2024
DMO Offers Two FG Savings Bonds for Subscription
The Debt Management Office (DMO) on behalf of the Federal Government has offered two Federal Government savings bonds for subscription at N1,000 per unit. The debt agency announced this in a…
- 1 Dec 2013
Nigeria Owes $8.2Tr- DMO
Dr. Abraham Nwankwo, director general, Debt Management Office (DMO) has put Nigeria’s debt as at September this year at $8.2 trillion which he said is 22 per cent of the total Gross Domestic Product,…