Thursday, April 18, 2024
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Tag "abraham nwankwo"

Bad outing for bonds as investors shun auctions

    Bad outing for bonds as investors shun auctions

The Debt Management Office (DMO) says it raised N56.05 billion in a bond auction on Wednesday, which is less than half of the amount offered. The DMO had offered N135

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REVEALED: Nigeria’s debt profile is $57.39bn

    REVEALED: Nigeria’s debt profile is $57.39bn

Abraham Nwankwo, director-general of the Debt Management Office (DMO), on Thursday revealed that the nation’s total debt profile as of December 31, 2016, was $57.39 billion (N17.36 trillion). He made

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18 states have benefited from bailout, says FG

    18 states have benefited from bailout, says FG

Eighteen states have so far benefited from the special intervention fund earlier approved by President Muhammadu Buhari. Over N322 billion of states’ loans were restructured in August, 2015, while about

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‘Nigerian bonds strong despite JP Morgan’s delisting’

    ‘Nigerian bonds strong despite JP Morgan’s delisting’

The Debt Management Office (DMO) says the quality of Nigerian bonds was not affected by the removal of Nigeria from the JP Morgan bond index for emerging markets. Abraham Nwankwo,

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FGN bonds issued in ‘note format’

  FGN bonds issued in ‘note format’

The Debt management Office (DMO) says the Federal Government of Nigeria bonds in the international market had been issued in

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