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Tag "Patience Oniha"

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 service the country’s debt He made the remark during a

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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. The federal government had earlier issued an N100 billion in

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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 to avoid a debt crisis. Addressing journalists on the sidelines

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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 put at $1.45 billion as at June 30. This is

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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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DMO: FG planning another Green bond to finance 2018 budget

  DMO: FG planning another Green bond to finance 2018 budget

The Debt Management Office (DMO) says the federal government will issue another Green bond to finance capital projects in the

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FG to borrow fresh $2.8bn for 2018 budget

  FG to borrow fresh $2.8bn for 2018 budget

The federal government is planning to borrow $2.8 billion to fund the deficit of the recently passed 2018 budget. Patience

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Nigeria’s bonds win three awards from EMEA Finance awards

  Nigeria’s bonds win three awards from EMEA Finance awards

Nigeria was celebrated recently as it won awards in three categories for its securities issuance activities in the domestic and

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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

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DMO: Nigeria’s debt increased by N1.3trn in three months

  DMO: Nigeria’s debt increased by N1.3trn in three months

Nigeria’s debt stock increased by N1.327 trillion between September 2017 and December 2017. This is according to figures provided by

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