Tuesday, April 13, 2021
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Tag "Debt Management Office DMO"

DMO: Outer Marina road rehabilitation financed with Sukuk

    DMO: Outer Marina road rehabilitation financed with Sukuk

The Debt Management Office (DMO) says the Outer Marina road rehabilitation is currently being funded with Sukuk. A Sukuk is a sharia-compliant bond-like instruments used in Islamic finance. It involves

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DMO working on issuing eurobonds, to pick advisers in open bids

    DMO working on issuing eurobonds, to pick advisers in open bids

The Debt Management Office (DMO) says it is working on issuing eurobonds and plans to appoint transaction advisers through an open bid process. Patience Oniha, director-general of DMO, said this

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DMO opens FGN savings bond offer for subscription

    DMO opens FGN savings bond offer for subscription

The Debt Management Office (DMO) has announced the offering for subscription the 2 and 3 years federal government of Nigeria (FGN) savings bond for April 2021. The FGN savings bond

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DMO: Public debt increased by N692bn in three months — hits N32.91trn

    DMO: Public debt increased by N692bn in three months — hits N32.91trn

The Debt Management Office (DMO) says Nigeria ended the year 2020 with a public debt stock of N32.91 trillion. This means that public debt increased by N692 billion in the

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FG spent 89% of revenue on debt servicing in 11 months

  FG spent 89% of revenue on debt servicing in 11 months

The federal government (FG) expended a total of N3.10 trillion on debt servicing for the 11 months (January- November) 2020,

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DMO: Nigeria owes World Bank, IMF, AfDB $31.98bn

  DMO: Nigeria owes World Bank, IMF, AfDB $31.98bn

The Debt Management Office (DMO) says Nigeria took loans worth $31.98 billion from World Bank Group, International Monetary Fund (IMF),

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Nigeria’s debt rose by N2.3trn between March and June

  Nigeria’s debt rose by N2.3trn between March and June

Nigeria’s total debt stock increased by N2.381 trillion between March 31 and June 30, data released by the Debt Management

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Investors crave long-term bonds as DMO’s auction turns ‘hot cake’

  Investors crave long-term bonds as DMO’s auction turns ‘hot cake’

The Debt Management Office (DMO) says its N150 billion bond auction on Wednesday, November 20, was oversubscribed by 168.23%. The

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CBN to limit banks’ access to bonds, treasury bills

  CBN to limit banks’ access to bonds, treasury bills

The monetary policy committee of the Central Bank of Nigeria (CBN) has directed that a regulatory framework that will limit

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FG: States owing salaries won’t get Paris Club refund

  FG: States owing salaries won’t get Paris Club refund

The federal government says states must clear owed salaries and other related staff arrears before they would be able to access

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