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DMO Offers September Savings Bonds For Subscription

DMO Offers September Savings Bonds For Subscription         The Debt Management Office has opened the September savings bond offer to investors. The DMO said this in a circular on Monday that it is offering the Federal Government’s two-year and three-year savings bonds. The circular posted on its website...

FG Appoints Eight Transaction Advisers For $6.2bn Eurobonds

FG Appoints Eight Transaction Advisers For $6.2bn Eurobonds       Preparatory to the issuance of N2.343 trillion ($6.2 billion) Eurobonds in the International Capital Market (ICM) to partly finance its N5.2 trillion 2021 Budget deficit, the federal government has appointed eight international and domestic transaction advisers. The Eurobonds...

Fed Govt Floats N150bn Long-Term Bonds

Fed Govt Floats N150bn Long-Term Bonds       The federal government, through the Debt Management Office (DMO), has re-issued N150 billion long-term bonds for public subscription. According to the agency, the offers which are in three segments are in accordance with the DMO (Establishment) Act 2003 and the...

Lagos, 14 Other States’ Debts Hit N1.68trn

Lagos, 14 Other States’ Debts Hit N1.68trn       The cumulative domestic debts of Lagos and 14 others rose by 153.82 per cent between December 31, 2015 and March 31, 2021, analysis of data obtained from the Debt Management Office has shown. Each of the states in question...

Fresh N2.34trn Loan Is For Capital Projects, Says DMO

Fresh N2.34trn Loan Is For Capital Projects, Says DMO       The Debt Management Office on Tuesday said the request by President Muhammadu Buhari for the National Assembly’s approval for fresh N2.34tn loan was meant to provide funds for capital projects such as power, transport, agriculture and...

Fed Govt To Auction N150bn Bonds In May

Fed Govt To Auction N150bn Bonds In May       The Debt Management Office on Tuesday disclosed that the Federal Government would offer N150bn bonds for subscription in May. A circular by the DMO on its website showed that the breakdown of bonds comprised three bonds worth N50bn...