…in May 2023, driven by increased borrowing from multilateral lenders, international bond markets and commercial creditors.Figures published by the Debt Management Office (DMO) show that Nigeria's external debt reached $54.52 billion as of June 30, 2026, up from $43.16 billion recorded in June 2023, representing a rise…

…December bills changing hands at 19.65 percent and 19.75 percent respectively. The FGN bond market was quieter still. Participants largely stayed on the sidelines ahead of Monday’s bond auction, at which the DMO plans to offer a total of N1.10 trillion. The offer comprises N250 billion of the January 2035 bonds, N100 b…

…degree in Economics to know who is gaining and who is losing. “FG borrows N5tn from bond market in six months.” July 13, 2026 To begin with, the interest on the funds borrowed, would accrue to those with billions to invest – the same one per cent; the funds will be spent or stolen without adequate records. Capital plus…

The Federal Government raised N5.08tn from the domestic bond market in the first six months of 2026, marking a 77.8 per cent increase from the N2.86tn raised during the corresponding period of 2025, an analysis of Debt Management Office auction results by The PUNCH has shown. The increase came despite a decline in borr…

…pushing yields higher across most maturities despite declining yields in major global bond markets.