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Tag "Debt Management Office DMO"

DMO: We’ve raised N3.3trn from domestic markets to fund 2022 budget deficit

    DMO: We’ve raised N3.3trn from domestic markets to fund 2022 budget deficit

The Debt Management Office (DMO) says it raised N3.3 trillion from the domestic market to help the federal government finance the 2022 budget deficit. Patience Oniha, director-general, DMO, disclosed this at a

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DMO: Financing infrastructural projects with Sukuk created jobs for Nigerians

    DMO: Financing infrastructural projects with Sukuk created jobs for Nigerians

The Debt Management Office (DMO) says the financing of infrastructural projects with Sukuk has improved the standard of living of Nigerians as well as the economic growth of the country. 

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We borrow to pay salaries… government’s income is challenged, says acting accountant-general

    We borrow to pay salaries… government’s income is challenged, says acting accountant-general

Anamekwe Nwabuoku, acting accountant-general of the federation (AGF), says Nigeria is borrowing money to pay salaries. Nwabuoku said this on Tuesday at a retreat organised by the office of the

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FG’s multi-tranche $4bn Eurobonds listed on NGX

    FG’s multi-tranche $4bn Eurobonds listed on NGX

Nigerian Exchange Limited (NGX) says the Federal Government of Nigeria (FGN) has listed $4 billion Eurobonds on its platform. NGX disclosed this on Monday on its official Twitter handle.  Eurobond

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ICYMI: Nigeria’s fourth N250bn Sukuk offering oversubscribed by 346%

  ICYMI: Nigeria’s fourth N250bn Sukuk offering oversubscribed by 346%

The Debt Management Office (DMO) says the country’s fourth road Sukuk instrument valued at N250 billion ended with a subscription

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DMO offers 10-year N250bn Sukuk for subscription

  DMO offers 10-year N250bn Sukuk for subscription

The Debt Management Office (DMO) says it is offering a 10-year N250 billion road Sukuk instrument at a rental rate

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Report: FG halts fresh $2bn eurobond issuance over Omicron concerns

  Report: FG halts fresh $2bn eurobond issuance over Omicron concerns

The federal government has suspended plans to sell additional N2.18 billion eurobonds due to the outbreak of the Omicron COVID-19

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DMO: Borrowing helped Nigeria recover from economic shocks

  DMO: Borrowing helped Nigeria recover from economic shocks

Patience Oniha, director-general of the Debt Management Office (DMO), says federal government relied on debt to finance over 90 percent

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DMO to issue N250bn Sukuk bond — fourth since 2017  

  DMO to issue N250bn Sukuk bond — fourth since 2017   

The Debt Management Office (DMO) says it will issue about N250 billion Sukuk to finance road projects. The DMO said

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FG targets $6.2bn in eurobond issuance, woos local investors for the first time

  FG targets $6.2bn in eurobond issuance, woos local investors for the first time

The Federal Government has announced plans for a eurobond issuance at the international capital market (ICM) to raise $6.2 billion

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