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Tag "Debt Management Office DMO"

DMO: Nigeria must take loans to fund 2018 budget

    DMO: Nigeria must take loans to fund 2018 budget

Patience Oniha, director general of Debt Management Office (DMO), says the federal government must take loans to fund the 2018 budget and the capital projects. Speaking on Monday at the

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Huge investor appetite for FG’s new five-year bond, oversubscribed by 60%

    Huge investor appetite for FG’s new five-year bond, oversubscribed by 60%

Investors have shown a healthy appetite for the new five-year tenor bond introduced by the federal government through the Debt Management Office (DMO). According to the bond auction results released

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Adeosun: No apologies for borrowing to end recession

    Adeosun: No apologies for borrowing to end recession

Kemi Adeosun, minister of finance, says the current administration has no apologies for borrowing to end recession. In 2016, Nigeria’s economy slipped into its worst recession in 29 years and

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Nigeria drops five places on KPMG’s ‘growth promise ranking’

    Nigeria drops five places on KPMG’s ‘growth promise ranking’

Nigeria dropped five places to be ranked 158 in a new report released by KPMG, audit and financial advisory firm. The report, which is titled Growth Promise 2018, ranked countries based on

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Bonds recover, record oversubscription — for second month in a row

  Bonds recover, record oversubscription — for second month in a row

The Debt Management Office (DMO) says the 10-year tenor bond was oversubscribed by 97% in the just concluded October auction.

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FGN Sukuk beats expectations, oversubscribed by 6%

  FGN Sukuk beats expectations, oversubscribed by 6%

The debut N100 billion Sukuk offer by the Debt Management Office (DMO) was oversubscribed by 5.8% approximately 6%. According to

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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

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Nigeria’s external debt now $9.4bn

  Nigeria’s external debt now $9.4bn

The Debt Management Office (DMO) says Nigeria’s external debt profile stood at $9.4 billion as at the end of March 2015.

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Thou shall not borrow, FG tells states

  Thou shall not borrow, FG tells states

Bashir Yuguda, the minister of state for finance, says the federal government has discouraged states from further borrowing describing the country’s debt profile

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Sarah Alade named new chairman of FMDQ board

  Sarah Alade named new chairman of FMDQ board

The deputy governor, Economic Policy Directorate, Central Bank of Nigeria (CBN), Mrs Sarah Alade, has emerged as the new board

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