The immediate past governor of Oyo State, Abiola Ajimobi, says his administration had the best debt profile in the country. Ajimobi told newsmen on Sunday at his Ibadan residence after the Eid-el-Kabir prayers...

The Debt Management Office (DMO), has announced that the Federal Government (FGN) savings bond established in May 2017, has recorded a total of N13.44 billion investment.

Debt Management Office (DMO) Nigeria, has listed the second ₦100 billion, seven-Year, FGN Sukuk due to mature in 2025, on the Nigerian Stock Exchange (NSE) platform.

Rising indebtedness may be a global phenomenon, but the debt levels of developing countries are amplifying their economic vulnerability, the United Nations Conference on Trade and Development’s (UNCTAD) new research warns.

The Federal Government has offered for subscription by auction N100 billion worth of bonds in its June 26 auction, the Debt Management Office (DMO) said. The offer circular obtained from its website on Tuesday in Abuja, stated that it would sell N30 billion of a five year re-opening issue maturing in April 2023 at 12.75…

The Debt Management Office (DMO) yesterday said its longest debt paper so far - the 30-year May 2019 FGN Bond auction – again attracted over-subscription like it did the previous month. The agency submitted that it was oversubscribed byN100 billion far from the N30 billion offer. The DMO, in a statement, stated: “Three instruments for…

Nigeria’s non-oil export has continued to suffer a huge setback due to various challenges. Top on the list include, logistics challenges in moving products to the ports and the lingering issue of unsettled Export Expansion Grant (EEG) claims. With the unsettled incentives converted to promissory notes, there are concerns among operators about the payment arrangement…

Experts at the just concluded capital market summit of the Association of Stock Broking Houses of Nigeria (ASHON) have stressed the need to create a specialised fund that would address financial literacy at the grassroots and attract....

Nigeria's debt burden has risen to N24.387 trillion as at the end of December 2018, up from the last September 30, 2017 level of N22.428 trillion, indicating an increase of at least 12. 2 per cent.

The nation’s debt stock is again rising after a temporary decline in the second quarter of 2018, settling at N22.43 trillion, with N49.14 billion rise in the third quarter. The amount, which represents 0.22 per cent increase in the obligations’ profile, was recorded after the second quarter statistics showed a decline to N22.37 trillion, from…

The Debt Management Office (DMO) in December 2018 re-offered for subscription two-year and three-year Federal Government savings bonds at the coupon rates of 12.402 per cent and 13.402 per cent respectively.

The Senate Committee on Petroleum (Downstream) has alleged plot by saboteurs in the oil sector to cause scarcity of petrol and return queues at filling stations at Christmas.