DMO to sell N110bn worth of bonds next week
The Debt Management Office (DMO) has said that it will raise N110 billion worth of bonds in three categories on August 17. The DMO...
FG seeks managers, adviser for $1bn Eurobonds
Nigeria is seeking two lead managers and a financial adviser to organize the issuance of $1 billion of Eurobonds this year, according to the...
Banks receive 27.54% FBN bonds allotment in 2015-DMO
Niyi Olaoye
Report of the Debt Management Office (DMO) has shown that Deposit Money Banks (DMBs) got more allotment at 27.54 per cent of the...
DMO says MDAs borrowed N178.56bn for infrastructure
Federal ministries, departments and agencies (MDAs) are indebted to the Federal Government to the tune of N178.56 billion.
The Debt Management Office (DMO) disclosed this...
FG to raise N120bn in 2021, 2026, 2036 bond
The Federal Government plans to raise N120 billion about $424.78 million in local currency denominated bonds with maturities ranging between 5-year and 20-year on...
Economic meltdown: State governments embark on debt restructuring
Niyi Olaoye
Following the recent sharp drop in the global oil price which has taken toll on the Nigerian economy, several state governments have commenced...
FG to raise N305-N395bn bonds in Q3
The Federal Government plans to raise between N305 billion and N395 billion ($1.08 billion -$1.40 billion) in local currency-denominated bonds with maturities ranging from...
DMO boss exposes the import of new debt management strategy
The Federal Government has introduced a new debt management strategy expected to be in operation from 2016 to 2019. It is targeted at a...
Nigeria plans bond investor meetings in London next week
Nigerian officials are meeting bond investors in London next week, according to a person familiar with the matter, as the government considers tapping international...
Borrowed funds to be used to finance capital projects, says DMO boss
By our Correspondent
The Director General of Debt Management Office (DMO), Dr. Abraham Nwankwo, has restated the Federal Government’s commitment that all money to be...
