FG To Convert N10trn CBN Financing To 30-year Debt     The Federal Government has set the terms for the conversion of its stock of Central Bank of Nigeria (CBN) overdrafts into long-term notes in a bid to create transparency around its dependence on that source of...

FG Plans To Borrow N1.6tn In 2019, DMO Says The Director-General, Debt Management Office, Ms Patience Oniha, has said the Federal Government plans to borrow N1.6tn to fund the 2019 budget. Oniha said the government had been reducing its level of new borrowings, as it dropped...

As FG Raises N10.5bn Via Saving Bonds, DMO Calls For Awareness   The Director-General, the Debt Management Office (DMO), Ms. Patience Oniha said the federal government has raised sum of N10.5bn through Federal Government of Nigeria Savings Bond (FNSB) since the creation of the bonds March,...

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...

Roads Projects Financed By N100bn Sukuk Bond, A Promise Kept – DMO     The Debt Management Office (DMO) said yesterday that projects being financed with proceeds from N100 billion Sukuk bond represents a promise kept by the federal government. Director-General of the DMO, Ms Patience Oniha, stated...