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…

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…

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…

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.

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.

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,…

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…

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.

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

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.

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

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…