Ogun Assembly Okays N250bn Bond For Abiodun     The Ogun State House of Assembly yesterday granted the state Governor, Dapo Abiodun, approval to access a N250billion bond to stimulate the state economy and shore up the sharp decrease in Internally Generated Revenue (IGR) and funds accruing...

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...

Dangote Cement Raises N150bn As Bond Offer   Dangote Cement Plc has raised a total N150 billion in its debut bond issuance in the nation’s capital market. The company had accessed the market with N100 billion Series 1 Fixed Rate Senior Unsecured Bonds due April 2025...

Dangote Cement To Raise N100bn In Fresh Bond   Dangote Cement Plc has said it is seeking to raise up to N100bn from the bond market under its N300bn Debt Issuance Programme. The company said the funds from the debut offering in the bond market would be...

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...

FGN Nov Bonds Oversubscribed By N102.35bn   The FGN bond auction by the Debt Management Office which took place on Wednesday was oversubscribed by N102.35bn. The DMO offered N150bn from three instruments (five-year, 10-year and 30-year bonds) for N50bn each, to investors at the auction. The total subscription...