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Tag "Debt Management Office(DMO)"

DMO: Nigeria’s debt increased by N2.3trn in three months — hits N35.4trn

    DMO: Nigeria’s debt increased by N2.3trn in three months — hits N35.4trn

The Debt Management Office (DMO) says Nigeria’s total public debt (federal and state governments) hit N35.46 trillion at the end of the second quarter (Q2) of 2021. This represents an

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DMO: Nigeria should only borrow for revenue-generating projects

    DMO: Nigeria should only borrow for revenue-generating projects

Patience Oniha, director-general of the Debt Management Office (DMO), has advised that the federal government borrow funds only for revenue-generating projects. She gave the advice on Wednesday, in Abuja, at

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FG appoints JP Morgan, Chapel Hill Denham as transaction advisers for eurobond programme

    FG appoints JP Morgan, Chapel Hill Denham as transaction advisers for eurobond programme

The federal government has appointed eight transaction advisers for a eurobond issuance to finance its 2021 budget deficit. The Debt Management Office (DMO) announced this in a statement on Wednesday.

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DMO offers FG savings bonds for subscription at N1,000 per unit

    DMO offers FG savings bonds for subscription at N1,000 per unit

The Debt Management Office (DMO) has announced an offering for the federal government of Nigeria (FGN) savings bonds at N1,000 per unit. The FGN savings bond offer, issued by the

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DMO to auction N150bn FG bonds on Wednesday

  DMO to auction N150bn FG bonds on Wednesday

The Debt Management Office (DMO) says it will auction N150 billion federal government bonds to investors on Wednesday, June 23,

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Oniha: Debt office may expand Sukuk to other projects for revenue generation

  Oniha: Debt office may expand Sukuk to other projects for revenue generation

The Debt Management Office (DMO) says Sukuk issuance may be upscaled to include other projects. A Sukuk is a bond

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‘It’s part of 2021 budget’ — DMO clarifies Buhari’s $6bn loan request

  ‘It’s part of 2021 budget’ — DMO clarifies Buhari’s $6bn loan request

The Debt Management Office (DMO) says the $6 billion (N2.34 trillion) loan request by President Muhammadu Buhari is already captured

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‘It’s extremely misleading’ — DMO clarifies ‘missing’ N2.2trn in 2018 appropriation act

  ‘It’s extremely misleading’ — DMO clarifies ‘missing’ N2.2trn in 2018 appropriation act

The Debt Management Office (DMO) has denied reports that it was unable to account for N2.2 trillion allocated to its

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DMO: Nigeria’s debt-GDP will increase from 25% to 40%

  DMO: Nigeria’s debt-GDP will increase from 25% to 40%

The federal executive council (FEC) has approved a new medium-term debt management strategy (MTDS), that will guide the government in

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Nigeria redeems its first-ever 10-year $500m Eurobond

  Nigeria redeems its first-ever 10-year $500m Eurobond

The Debt Management Office (DMO) has announced plans to redeem Nigeria’s 6.75 percent $500 million Eurobond which matures on Thursday,

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