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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...

Fed Govt Offers May Savings Bonds For Subscription

Fed Govt Offers May Savings Bonds For Subscription       The Federal Government has, through the Debt Management Office, opened the May savings bond offer to investors. The DMO announced on Monday on its website the two-year and three-year savings bonds offer for subscription. According to the debt office,...

19 States Lack Automated IGR Collection System – Fed Govt

19 States Lack Automated IGR Collection System – Fed Govt       Only 17 states out of the 36 states of the federation have fully automated their Internally Generated Revenue collection systems, the Federal Government said on Thursday. This implies that 19 states lack automated IGR collection systems. The...

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...