Sunday, September 23, 2018
Tags Posts tagged with "Debt Management Office (DMO)"

Tag: Debt Management Office (DMO)

Nigeria’s debt to World Bank increases by 48.69 in 2 years

Statistics from Nigeria’s Debt Management Office (DMO) has revealed that the World Bank’s portfolio in Nigeria now stands at $8.52 billion, indicating an increase...

DMO under-reporting Nigeria’s debt level, says expert

Analysts at FSDH Merchant Bank Limited have argued that considering the foreign exchange differential in the system, the Debt Management Office (DMO) has been...

FG reveals plan to raise additional $2.8 billion foreign debt

  The federal government is planning to borrow $2.8 billion to fund the deficit of the recently passed 2018 budget. Director General, Debt Management Office (DMO),...

Nigeria uses N643.6bn to service domestic debt in Q1 2018

A total of N643.6 billion was spent on servicing Nigeria’s domestic debt as the country’s total debt rose by 4.5 per cent to N22.7...

Nigeria’s borrowing is sustainable, says Adeosun

  Minister of Finance, Kemi Adeosun has justified the current administration’s borrowing plan which she noted, was meant to deepen infrastructure projects for an economy...

Nigeria floats $2.5 billion dual Eurobond

The Federal Government has floated 2.5 billion dollars aggregate Eurobonds under its Global Medium Term Note Programme. A statement obtained from the website of Debt...

Proceeds from $2.5bn Eurobond will be used to refinance debts –...

The Debt Management Office (DMO) says the proceeds from the planned $2.5 billion Eurobond will be used to refinance maturing domestic debt obligations of...

How FG spent N1.54tn on debt servicing in 2017

The Budget Office was gathered to have revealed that the Federal Government spent N1.54 trillion to service debt obligations to local and foreign debtors...

FG considering another $2.5bn Eurobond raise

The Federal Government through the Debt Management Office DMO may be considering a $2.5 billion Eurobond in the first quarter of this year. Director-General...

Nigeria’s $1.5bn unsecured notes get B+ ratings

Fitch Ratings has assigned Nigeria’s $1.5 billion 6.5 per cent Senior Unsecured Notes due November 28, 2027 and $1.5 billion 7.625 per cent Senior...
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