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Fed Govt To Auction Gas Flare Sites Via Bids

Fed Govt To Auction Gas Flare Sites Via Bids   The Federal Government on Sunday announced that it was carrying out a study to identify suitable gas flare sites for auction and that it would issue flare sites to technically competent companies through a competitive bid...

Fed Govt To Auction N150bn Bonds In April

Fed Govt To Auction N150bn Bonds In April     The Debt Management Office on Wednesday disclosed that the Federal Government would offer N150bn bonds for subscription in April. A circular by the DMO on its website showed that the breakdown of bonds comprised of three bonds worth...

DMO To Raise N60bn Through Bond Auction

DMO To Raise N60bn Through Bond Auction     The Federal Government through the Debt Management Office (DMO) is set to raise N60 billion through bond issuance. The DMO in a bond offer circular released yesterday on its official website, stated that it plan to raise N20 billion...

January 2020 FGN Bond Auction Oversubscribed By Over 300%

January 2020 FGN Bond Auction Oversubscribed By Over 300%   The January 2020 FGN Bond Auction by Debt Management Office (DMO) which took place on Wednesday, January 22, 2020 was oversubscribed by more than 300%. The DMO offered N155.00 Billion of three (3) Instruments (5-Year, 10-Year and...

Investors Stake N292.6bn On N45bn Treasury Bills Auction

Investors Stake N292.6bn On N45bn Treasury Bills Auction   Despite a consistent crash of interest rates, investors staked N292.6bn on the N45bn treasury bills auction, which took place on Wednesday. The auction results showed that the oversubscription rate stood at 550 per cent. The Central Bank of Nigeria...

CBN Releases October Treasury Bills Auction Results

CBN Releases October Treasury Bills Auction Results   The Central Bank of Nigeria has released the results of its Treasury bills auctioned on October 30, 2019. It said the range of bid rates for the 91-day tenor was 9.2500 to 11.0000 while that of the 182-day tenor...