DMO To List Additional N130bn Sukuk Bond On NGX, FMDQ
The Debt Management Office (DMO) has announced plans to expand its capital market offering by listing an additional N130 billion Sovereign Sukuk on the Nigerian Exchange Ltd, NGX and the FMDQ Securities Exchange Ltd. Report indicates that the DMO disclosed…
Nigeria Repays $500m Eurobond Debt – DMO
The Federal Government, through the Debt Management Office, DMO, has redeemed a $500 million Eurobond on its due date on July 12, 2023. Report has it that the DMO disclosed this on Wednesday in a statement on its website. In…
DMO Gives Tinubu Conditions To Meet Before Borrowing
The Debt Management Office, DMO, has listed conditions President Bola Ahmed Tinubu should meet before borrowing. Report indicates that the DMO, in its latest analysis of the country’s debt burden in 2022, said for Tinubu to borrow, the government must…
Budget Office, World Bank Frown At Buhari’s Borrowing Spree
President Muhammadu Buhari-led administration’s appetite for borrowing despite having less than 19 days to leave the seat of power has continued to be a severe concern to Nigerians. Indication revealed that the Budget Office of the Federation, World Bank, International…
Fresh N360bn Bond Issued By DMO
The Debt Management Office, DMO, has announced the issuance of four bonds of N90 billion each, amounting to N360 billion. Report has it that from a statement on Wednesday, the office said there are offers for subscription by auction and…