DMO
2 days ago
The Debt Management Office (DMO) has announced that it raised the sum of N669.94 billion from the January 2025 Federal Government of Nigeria (FGN) bond auction held on Monday. Announcing the result via its official X handle on Tuesday, DMO said the 19.30 per cent FGN APR 2029, allotted N78.86 billion at a 21.79 per…
24 Jan
Troops in North Central Operational Theatre have neutralized a notorious terrorist commander and gun runner identified as 'Abu Mosaje' in Barkin Ladi LGA of Plateau State. Troops also neutralized no fewer than 79 terrorists in one swoop within one week and arrested 224 persons. The frontline soldiers also arrested 28 perpetrators of oil theft and…
23 Jan
The Nigerian military on Wednesday confirmed the death of Aminu Kanawa, the second-in-command to bandit leader, Bello Turji. The defence headquarters, in a statement by the outgoing Director of Defence Media Operations (DMO), Major General Edward Buba, confirmed that Kanawa was killed by the troops of Operation Fansan Yamma. Buba also disclosed that the troops…
2 Jan
The Debt Management Office (DMO) said Nigeria has made adequate budgetary provisions to meet debt obligations.The DMO spoke in a statement yesterday referencing the issuance of $2.2 billion Eurobonds.
1 Jan
The Debt Management Office (DMO) sold Treasury bills valued at N693.05 billion across its auctions in November 2024, representing a 51.8 per cent month-on-month (MoM) increase when compared to N456.6 billion sold in October 2024.
28 Dec
Nigerian troops on the frontline during Christmas week neutralised no fewer than 148 terrorists and arrested 258 others. This disclosure was made by the spokesman of Defence Media Operations (DMO), Major General Edward Buba on Saturday. Troops also arrested 51 perpetrators of oil theft and rescued not less than 291 kidnapped hostages. In the South-South,…
13 Dec
Troops have killed 181 suspected terrorists and arrested 203 others within one week, according to the Defence Media Operations (DMO). The operations also led to the arrest of 50 individuals involved in oil theft and the rescue of 161 kidnapped hostages. Major General Edward Buba, DMO spokesperson, in a statement on Friday, confirmed that the…
2 Dec
After borrowing an estimated N5.63 trillion from local investors through the FGN Bond in the first 11 months of the year, the Federal Government, through the Debt Management Office (DMO), has offered a subscription to two savings bonds at 17.48 per cent and 18.48 per cent interest rate to end the year.
11 Nov
Nigeria’s external debt is now $42.9 billion as of the end of June 2024. According to the Debt Management Office (DMO), the share of 36 states and the Federal Capital Territory (FCT) constitutes 11 per cent of the loans at $4.89 billion
1 Nov
Amid controversy over President Bola Tinubu’s tax reform bills submitted to the National Assembly, the Senate and House of Representatives unexpectedly adjourned plenary sessions yesterday until November 19.
24 Oct
Nigeria’s public debt has risen to NN134.3 trillion ($91.3 billion) in the second quarter of 2024, according to the Debt Management Office
7 Oct
The Federal Government, through the Debt Management Office (DMO), has opened offers for subscription to Federal Government of Nigeria (FGN) savings bonds for October 2024 at an interest rate of 17.08 percent and 18.08 per cent respectively. The DMO, in a statement on Monday in Abuja, said the first offer is a two-year FGN savings…
Latest
7 mins ago
Amid the economic hardship and digital glitches that dominated last year, financial transactions via electronic payment platforms rose by nearly 80 per cent to break the quadrillion mark for the first time in 2024
17 mins ago
Minister of Women Affairs, Imaan Sulaiman-Ibrahim, has said that a staggering 1.4 million Nigerians are trapped in modern slavery. Speaking as Special Guest Speaker at the 2025 yearly academic summit at the University of Abuja, yesterday, the minister lamented that most victims of modern slavery were women and girls.
21 mins ago
Chairman of Ethan School of Health Technology, Dr Godspower Etinosa, has called on the government at all levels to increase budgetary allocation on health in line with the United Nations Sustainable Development Goals.
21 mins ago
The Nigerian Institute of Medical Research (NIMR) has called for increased government funding to support and scale up local research on indigenous diseases. The appeal was made during NIMR’s inaugural monthly media chat held in the research facility in Lagos
23 mins ago
In today’s rapidly evolving threat landscape, organisations face unprecedented challenges in safeguarding their data and assets from cyber threats. The traditional approaches to data security, which relied on perimeter defences, endpoint protection
27 mins ago
Suggestions from political leaders that military personnel who stake their lives to preserve the country should be honoured in life and death cannot come too soon. The Nigerian soldier today is a hero, as he spends his life trying to ward off enemies of the state and enemies of the citizens.
30 mins ago
As part of activities to celebrate the 70th anniversary of their alma mater, the Lagos Anglican Girls’ Grammar School Old Girls’ Association (LAGGSOGA) has announced the launch of N250 million endowment fund for the school.
30 mins ago
Minister of Education, Dr Tunji Alausa, has declared that traditional and religious leaders play vital roles in promoting girls’ education by influencing local attitudes and driving social change.
34 mins ago
Labour Party (LP) has said its leadership is not aware of the N50m bribe allegedly being given by the ruling All Progressives Congress (APC)-led Federal Government to leaders of the opposition parties.
34 mins ago
Governor of Niger State, Muhammad Bago, has advised artisanal miners to surrender their explosives and other dangerous tools they use to the security committee for safe storage instead of keeping them in their houses.