DMO DG: How FG’s Debt Strategy Boosts Liquidity For Real Sector ...Treasury Bills issuance reduced by half ...External borrowing boosts reserves by $6bn ...N830bn injected to local market   Going to the international capital market to borrow is a deliberate policy to help Nigeria boost its external reserves, reduce...

Debt: Power Distribution Firms Owe NBET N859bn   The indebtedness of power distribution companies to the Nigerian Bulk Electricity Trading Company has risen to N859bn. As a result, the NBET has accumulated a total debt of N325.784bn, which is meant for the payment of power produced by...

Further Devaluation Of Naira Will worsen Debt Position - FSDH   Analysts at FSDH Merchant Bank Limited have said that Nigeria cannot afford another level of devaluation of the currency, saying this will worsen the nation’s debt position. The total public debt increased to N22.71tn in the...

$5bn JV Debt Repayment Restoring Investors’ Confidence - NNPC The Nigerian National Petroleum Corporation (NNPC) has said its repayment of the about $5 billion negotiated joint venture cash call debts owed to International Oil Companies (IOCs) over the years was now stirring the confidence of...

Nigeria Spends N643.6bn On Domestic Debt Servicing The Federal Government spent N643.6 billion on servicing the nation’s domestic debt for January to March, the Debt Management Office (DMO) said. In its Quarterly Debt Data for Quarter one (Q1), obtained from its website on Wednesday in Abuja,...

NCC Sets To Settle N165bn Interconnect Debt In July The Executive Vice Chairman, Nigerian Communications Commission, Umar Danbatta, has said telecommunications companies in the country have agreed to settle the N165bn interconnect debt owed each other. Danbatta made this known when the President, Association of Telecommunications...