2021 budget deficit Archives

Report: FG plans to borrow additional $2.1bn through eurobonds

The federal government is considering another eurobond issuance in the international capital market (ICM) to raise $2.1 billion. This is part of the federal government’s borrowing plans to part-finance the

FG raises $4bn through eurobonds to finance 2021 budget deficit

The Debt Management Office (DMO) says the federal government raised $4 billion through eurobonds. The amount, the agency said it was raised after an intensive two days of virtual meeting

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Fitch ratings: FG’s sustained borrowings from CBN to fund budget deficit may raise risks

Fitch Ratings, a credit rating agency, says repeated recourse by the federal government (FG) to its ways and means facility (WMF) with the Central Bank of Nigeria (CBN) highlights weaknesses

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Lagos to raise N100bn bond to finance 2021 budget deficit

The Lagos state government says it will raise N100 billion through domestic bond issuance to fund the deficit in its 2021 budget. Rabiu Olowo Onalapo, Lagos commissioner for finance, was

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