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Nigerians’ Concerns Should Be How Loans Are Utilised – DMO Boss

Nigerians’ Concerns Should Be How Loans Are Utilised - DMO Boss     The Director-General, Debt Management Office, Patience Oniha, on Wednesday, defended the nation’s debt profile, saying there is nothing wrong with borrowing. She said rather than complaining about the nation’s debt profile, what should be of...

CBN Offers N197.6bn Treasury Bills Aug 27

CBN Offers N197.6bn Treasury Bills Aug 27       The Central Bank of Nigeria (CBN) has announced an offer of N197.598 billion treasury bills of three tranches, accessible by August 27, 2020. The bills which will be offered through Dutch auction are for 91 day tenor, 182 days,...

Fed Govt’s August Bonds Oversubscribed By N92.23bn – DMO

Fed Govt’s August Bonds Oversubscribed By N92.23bn – DMO     The Federal Government’s bonds for the month of August worth N150bn, which were auctioned on Wednesday, were oversubscribed by N92.23bn, the Debt Management Office has said. The total subscription received for the bonds was N242.23bn, comprising of...

FG To Auction N150bn Bonds Next Week

FG To Auction N150bn Bonds Next Week     The Debt Management Office has said the Federal Government will auction N150bn worth of bonds by subscription on August 19. A circular by the DMO on Tuesday showed the breakdown of the figure to include a N25bn 10-year reopening...

DMO To Resume FGN Savings Bonds Offer August 10

DMO To Resume FGN Savings Bonds Offer August 10     The Debt Management Office (DMO) will resume its Offer of the Federal Government of Nigeria Savings Bond (FGN Savings Bond) with effect from August 2020. The DMO suspended the Monthly Offers of the bond in April 2020...

Fed Govt’s July Bonds Oversubscribed By N340.13bn

Fed Govt’s July Bonds Oversubscribed By N340.13bn     The Federal Government Bonds for the month of July worth N130bn, which were auctioned on Wednesday, were oversubscribed by N340.13bn, the Debt Management Office has said. The total subscription received for the bonds was N470.13bn, comprising of N71.97bn for...