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Fed Govt To Auction N150bn Bonds In April

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

FG, States Debts Stock Now N32.9trn — DMO

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...

Debts Exceeded Revenues In Lagos, Cross River, FCT, Others – FRC

Debts Exceeded Revenues In Lagos, Cross River, FCT, Others – FRC         The debts of four states exceeded their net revenues by more than 400 per cent, the Fiscal Responsibility Commission has said. The states are Lagos, Osun, Cross River and Ogun. The FRC in its report...

FG Lists N163bn Sovereign Sukuk

FG Lists N163bn Sovereign Sukuk     The Federal Government has listed its N162.56 billion Sukuk on the Nigerian Exchange (NGX) Limited, paving the way for investors to trade on the non-interest bond. The Debt Management Office (DMO), which oversees Nigeria’s government debt issuances, listed the N162.56 billion,...

Nigeria’s Public Debt Stands At N32.9trn — DMO

Nigeria’s Public Debt Stands At N32.9trn — DMO       Nigeria’s Total Public Debt as of December 31, 2020, stood at N32.915 Trillion. The figures include the Debt Stock of the Federal and State Governments, as well as, the Federal Capital Territory. The Debt Management Office (DMO) released...

Nigeria Has $5.83bn Undisbursed Foreign Loans, Says DMO

Nigeria Has $5.83bn Undisbursed Foreign Loans, Says DMO       Nigeria has more than $5.83bn foreign loans that have been approved but not yet disbursed, the Debt Management Office has said. The DMO on its portal on Sunday listed a number of foreign loans that were to be...