Senate Approves FG’s Request For $1.5bn, €995m External Loans       The Senate yesterday gave the federal government the nod to borrow a total of $2.7 billion out of the $5.5 billion external borrowing request sent to the National Assembly by President Muhammadu Buhari in May last...

FG, States Debts Stock Now N32.9trn — DMO     The Director General of the Debt Management Office (DMO), Patience Oniha, has said the cumulative sum of N32.9 trillion debt of Nigeria is a responsibility of the federal and state governments. In a series of tweets on her...

Fed Govt Borrows Over N2trn From Bond Investors In 2020       Leveraging on excess liquidity that persisted in the banking system and the near zero yields on treasury bills (TBs), the Federal Government, through the Debt Management Office (DMO), raised N2.1 trillion from investors in its...

Fed Govt’s December Bond Oversubscribed By N70bn       The Debt Management Office (DMO) said the N60 billion bond it offered for December had been oversubscribed by more than N70 billion. This was contained in a statement obtained from DMO’s website yesterday. “DMO offered N60billion at the FGN Bond...

Finance Minister, Shareholders Disagree Over N150bn Unclaimed Dividends         The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, yesterday, disagreed with the Independent Shareholders Association of Nigeria over plans by the Federal Government to take over unclaimed dividends worth over N150billion in the country. While...

Fed Govt Disburses N195bn Export Grant To 270 Exporters       The Debt Management Office (DMO) has said that a total of N195 billion has been disbursed to 270 exporters under the Export Expansion Grant (EEG) programme of the federal government. However, the figure is lower than the...