Monday, December 6, 2021
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Tag "Patience Oniha"

Report: FG plans to borrow additional $2.1bn through eurobonds

    Report: FG plans to borrow additional $2.1bn through eurobonds

The federal government is considering another eurobond issuance in the international capital market (ICM) to raise $2.1 billion. This is part of the federal government’s borrowing plans to part-finance the

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DMO: Despite our doubts, international investors still have faith in Nigeria’s economy

    DMO: Despite our doubts, international investors still have faith in Nigeria’s economy

Patience Oniha, director-general of the Debt Management Office (DMO), says international investors are still interested in Nigeria. Oniha, represented by Joe Ugoala, director of operational/research department at DMO, spoke at

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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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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 structured to generate returns without infringing the Islamic prohibition of

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FG to issue 30-year naira bond — first time in history

  FG to issue 30-year naira bond — first time in history

The Debt Management Office says plans in the works to issue a 30-year naira bond which would be the first

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IMF: Over 50% of Nigeria’s revenue is used to service debt

  IMF: Over 50% of Nigeria’s revenue is used to service debt

Amine Mati, International Monetary Fund (IMF) senior resident representative for Nigeria, says more than 50 percent of Nigeria’s revenue is used to

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Oniha: FG to float N100bn Sukuk in December

  Oniha: FG to float N100bn Sukuk in December

Patience Oniha, director general of the Debt Management Office (DMO), says another N100 billion Sukuk will be floated in December.

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Oniha: FG working on ways to avoid debt crisis

  Oniha: FG working on ways to avoid debt crisis

Patience Oniha, director general of the Debt Management Office (DMO), says the federal government is working on generating long-term revenue

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Lagos reduces debt by $20m but retains highest foreign debt portfolio

  Lagos reduces debt by $20m but retains highest foreign debt portfolio

Lagos has retained its position as the state with the highest foreign debt in the country, with a foreign debt

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REVEALED: Nigeria’s debt rose to N22.4trn in six months

  REVEALED: Nigeria’s debt rose to N22.4trn in six months

The Debt Management Office (DMO) says Nigeria’s total debt rose to N22.4 trillion in the first half of the 2018

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