FG Misses Target, Raises N1.5tn in Two FGN Bond Offers The Federal Government raised N1.5tn through bonds at its February auction instead of the N2.5tn it was targeting. The Debt Management Office (DMO) in a press release on Tuesday disclosed that the 2031 bond had a...

FG Raises N4.46trn Bonds To Bridge Budget Deficit   As the federal government intensified borrowing from local investors to bridge the 2023 budget deficit, the government through the Debt Management Office (DMO) raised a total of N4.46 trillion from the bond market in eight months of...

Lagos Free Zone Issues N17.5bn 20-year Bond   The Lagos Free Zone Company has announced the issuance of N17.5bn 20-year corporate infrastructure bond which is the third issuance under an upsized N61bn bond issuance programme. In a statement issued on Thursday, the LFZ stated that the Series...

FG Raised N2.44trn Via Bonds To Bridge Budget Deficit In 9 Months     The Federal Government in nine months of 2022 raised a sum of N2.44 trillion through the FGN bond market to finance N6.26trillion 2022 budget deficit, the Debt Management Office (DMO) FGN Bond auction...

FG To Raise N225bn New Bonds From Investors The federal government will today conduct its regular primary auction of new bond issuances with a view to raising additional N225 billion from the domestic capital market. Investment firms at the weekend doubled up efforts at pre-auction marketing...

'FG Should Create Bonds To Forestall Players’ Rebellion'   A former chairman of the Gombe State Football Association, Alhaji Ahmed Shuaibu Gara-Gombe, has urged the Federal Government to establish bonds as a way to bridging the financial gap experienced by sports federations and players. While reacting to...