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...

Nigeria’s Debt Getting Out Of Control - El-Rufai         Nigeria’s debt is getting out of control and the country has to do something about it, the Governor of Kaduna State, Nasir El-Rufai, said on Thursday. He said the country’s domestic debt was getting to its debt ceiling...

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...

FG Offers Three-year Bond At 2.76% Per Annum     The Federal Government of Nigeria is offering a coupon of 2.759 per cent as annual return to investors for a three-year bond and 1.759 per cent for a two-year bond under government’s monthly savings bond issuance programme. The...

Fed Govt To Offer N30bn Bonds In October       The Debt Management Office has said that the Federal Government would auction N30bn worth of bonds by subscription on October 21. A circular by the DMO on Thursday showed the breakdown of the figure to include a N15bn...

DMO Earmarks N324m Bonds To 408 Subscribers   The Debt Management Office (DMO) has allotted the sum of N324m, raised during its monthly August subscription of the savings bonds, to 408 investors. This was contained in a document published on its website over the weekend. The document...