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N150bn Sukuk Investment to Fund 53 Road Projects
The federal government announced that it will use the net revenue from its ongoing N150 billion Sukuk bond issuance to fund 53 road projects in Nigeria.Mrs Patience Oniha, the DG of the Debt Managemen...
Nigeria's Public Debt Skyrockets to N87.3 Trillion in 3 months
On Thursday, The Debt Management Office (DMO) stated that the nation's total public debt had risen to N87.38 trillion at the end of Q2 2023.The data presented by the commission shows that the figure g...
May Report Shows That DMO Traded Treasury Bills for N324.43 Billion
In May 2023, the Debt Management Office (DMO) reports show that Treasury Bills (T.bills) were traded for N324.43 billion.According to the analysis of the FMDQ Markets Monthly Report for May, the amoun...
The 36 states of the Nigerian federation pay N21.62B as external debt deductions in Q1 2022
In Q1 2022, the 36 states of Nigeria collectively paid N21.62 billion in external debt deductions, a 31.5% increase over the N16.44 billion deducted in the same period a year ago. ...
DMO lists N250 billion Sukuk on the Nigerian Exchange
The Debt Management Office recently listed the N250 billion, 10-year, 13% Ijarah Sovereign Sukuk on the Nigerian Exchange abd the FMDQ Securities Exchange. The listing was done after me...