DMO targets N300bn in series seven Sukuk issuance

Infrastructure Boost: FG Raises N300bn through Sukuk Bond — Akelicious

The Federal Government has opened a N300bn Sukuk offer for subscription to fund the construction and rehabilitation of key roads and bridges across the six geopolitical zones of the country. This was contained in the offer circular for the 2024 Federal Government of Nigeria Sukuk, released by the Debt Management Office on Monday. The offer, which opened on May 12, 2025, is scheduled to close on May 20, 2025, while the settlement date has been fi…

DMO targets N300bn in series seven Sukuk issuance

The Debt Management Office (DMO), on. Monday hosted an investor meeting for the issuance of N300 billion series seven Sovereign Sukuk issuance in Abuja. By Kadiri Abdulrahman  The Debt Management Office (DMO), on. Monday hosted an investor meeting for the issuance of N300 billion series seven Sovereign Sukuk issuance in Abuja. The Director-General of the DMO, Patience Oniha, said that since inception in 2017, Sukuk had become a product of choice…

FG, states increase debt by N57tn over 18-month period - Lagos Television

Nigeria's public debt has increased by approximately N57.3 trillion over the first 18 months of President Bola Tinubu's administration, according to data from the Debt Management Office (DMO). This marks a 65.6% rise from N87.38 trillion at the end of June 2023 to N144.67 trillion by December 2024. The surge is primarily attributed to a significant depreciation of the naira,…

Public Debt Increases by N57trn in 18 Months - Economic Confidential

Nigeria’s total public debt rose by N57.3tn within the first 18 months of the current administration, according to an released by the DMO.