The Debt Management Office (DMO) has opened subscriptions for the November 2025 edition of the Federal Government of Nigeria (FGN) Savings Bond at lower interest rates than the rates offered in October 2025. It announced this in a statement on Monday, November 3. The subscription period opens today and will be closed on Friday, November …
Nigeria is set to issue $2.3 billion in Eurobonds as part of its strategy to refinance existing debt and boost economic stability, with a GDP growth forecast of 4% for 2025. The Nigeria Investors Forum, which took place on the sidelines of the ongoing International Monetary Fund/World Bank 2025 Annual Meetings in Washington, DC, showcased …
The federal government accounts for N141.08 trillion, or 92.6 per cent, as Nigeria’s total public debt stock rose to N152.4 trillion on June 30, 2025. This is according to the latest disclosure by the Debt Management Office (DMO). A cursory look at the debt office report shows that Nigeria's public debt worsened by N3.01 trillion …
Nigeria’s September 2025 bond auction has stunned the markets, recording an eye-watering 530% oversubscription and signalling renewed investor confidence in the country’s debt instruments. Foreign and local investors alike scrambled for a piece of the issuance, with demand reaching ₦1.26 trillion against an offer of just ₦200 billion. Analysts say this level of interest is …
The Debt Management Office (DMO) has corrected reports that claimed the Federal Government spent N611.71 billion in March 2025 servicing its domestic U.S. dollar bond. The agency said the actual figure for the bond was N67.99 billion. In a statement, the DMO explained that the N611.71 billion represented debt service for all outstanding Federal Government …
Approximately N1.43 billion in interest will be returned to investors who participated in the August 2025 FGN Savings Bonds. The bonds were allotted by the Federal Government of Nigeria (FGN) through the Debt Management Office (DMO). In a publication on Monday, September 1, the DMO disclosed that the bonds attracted N3.32 billion from subscribers. The …
