13 States Generate N346bn From Bonds
A total of 13 states raised N346bn revenue from bonds between 2013 and 2017, data obtained from the Securities and Exchange Commission showed.
An analysis of the data revealed that Lagos State Government topped the list with a total of...
Zenith, 3 Other Banks Generate N281bn From T-Bills, Bonds
Despite low-yield environment, four leading banks generated N281bn from investing in Treasury Bills and Federal Government bonds in a half year ended June 30, 2019 audited result and accounts.
This is an increase of 19.5 per cent...
Fed Govt’s September Bonds Oversubscribed By N10.9bn
Federal Government’s September bonds were oversubscribed by N10.9bn.
The Debt Management Office disclosed this after it conducted the monthly auction of FGN bonds on Wednesday.
Three instruments¬ (five-year, 10-year and 30-year bonds) with a total face value of N150bn were...
FG Set To Auction Long Term Bonds At 14 %
As part of capital raising for the 2019 Budget, the Debt Management Office (DMO) is offering five, 10 and 30 year bonds at 12.8 percent (%) ,14.6 % and 14.8 % interest rates respectively. This...
Ekiti Clears Outstanding Bonds On NSE
The Governor of Ekiti State, Mr Kayode Fayemi, has encouraged investors to invest in the state and its assets to enable the expansion of its social investment programmes to create jobs for youths.
Fayemi, while speaking at the Facts Behind...
FG Seeks New Investment In N145bn Bonds
The Debt Management Office has said the Federal Government will auction N145bn worth of bonds by subscription on August 21.
The DMO said in a circular on Wednesday that it was authorised to receive applications on behalf of the...
