Debt Office Opens N700bn Bond Auction

Debt Office Opens N700bn Bond Auction

The Debt Management Office (DMO) is seeking to raise ₦700 billion through a bond auction today, April 27, 2026. This issuance forms a critical component of the federal government’s domestic borrowing programme designed to plug budgetary gaps. Investors will bid across three distinct re-openings, with the settlement date set for April 29. The auction comes…

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Nigeria’s Public Debt Hits N159 Trillion

  Total public debt stock for Africa’s largest economy climbed to N159.28 trillion as of December 2025, with domestic borrowing now constituting the larger share of the nation’s liabilities, according to official figures released by the Debt Management Office. The data, which aggregates the obligations of the Federal Government, the 36 state governments, and the…

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Nigeria Pays 4x Higher Debt Interest Rates , Says G-24’s Masha

  Developing economies including Nigeria continue to pay interest rates three to four times higher than advanced countries, a disparity driven by weak revenue structures and risk assessment methodologies that ignore long-term economic potential, the Director of the Intergovernmental Group of 24 (G-24), Dr. Iyabo Masha, has said. Masha made the disclosure on Friday during…

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