Friday, November 24, 2017
Tags Posts tagged with "Debt Management Office (DMO)"

Tag: Debt Management Office (DMO)

Nigeria’s debt stock increases by 3.6% in 3 months

Nigeria’s total debt stock climber higher from N19.64trn recorded in June 30 to 20.37trn as of September 30, the Debt Management Office has said. In...

Experts faults FG over  reality in Moody’s sovereign rating 

The recent rejection of Moody’s Sovereign rating degrade from B1 to B2 with stable outlook by the federal government, has elicited reactions from industry...

Our strategy will mitigate debt service risk – FG

The Minister of Finance, Mrs. Kemi Adeosun, has expressed confidence that the Federal Government’s revenue and debt management strategy would mitigate the country’s debt...

2018 budget in jeopardy as FG’s borrowing spree hits brickwall

By Odunewu Segun Nigeria’s could have serious problems implementing the 2017 and very likely, 2018 budget following a the recent announcement by the African Development...

FG seeks to borrow N110bn from local market

The Federal Government of Nigeria, FGN, through the Debt Management Office, DMO, today, Wednesday, October 25, 2017, conducted a bond auction exercise at the...

Nigeria’s foreign debt to gulp $11.62bn

Nigeria is expected to pay about $11.62billion to service its debt in the next ten years, the Debt Management Office (DMO) has said. The payment,...

Nigeria’s rising debt levels amidst declining revenue

By Odunewu Segun On the 5th of September 2017, the Debt Management Office (DMO) declared that the nation’s total debt; both Domestic and Foreign debt...

Sukuk bond by FG, another plot to Islamise Nigeria, says CAN

Christian Association of Nigeria (CAN) has described the recent floating of Sukuk Islamic bond by the Federal Government as another clandestine moves to Islamize...

Lagos, most indebted state in Nigeria

Lagos State has the highest foreign debt profile among the thirty-six states and the FCT accounting for 37% while Kaduna (6%), Edo (5%), Cross...

Nigeria targets N100bn from Islamic bond sales

Nigeria has started the sale of a 100 billion naira ($326 million) debut sovereign sukuk on the local market to fund road infrastructure, the...
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