Debt Management Office
Some public debts yet to be captured - Minister of Finance
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Thursday, said there were debts owed by states and government enterprises that had not been captured.
NSE recorded N29.07 billion total assets in 2018
The Nigerian Stock Exchange (NSE) has increased its total assets to N29.07 billion in its 2018, against N26.69 billion recorded in the corresponding period in 2017.
My administration had best debt profile – Ajimobi
The immediate past governor of Oyo State, Abiola Ajimobi, says his administration had the best debt profile in the country. Ajimobi told newsmen on Sunday at his Ibadan residence after the Eid-el-Kabir prayers...
FGN bonds record N13.44 billion investment in two years
The Debt Management Office (DMO), has announced that the Federal Government (FGN) savings bond established in May 2017, has recorded a total of N13.44 billion investment.
Why Nigeria, others should explore export, PPP to check debt vulnerabilities
Rising indebtedness may be a global phenomenon, but the debt levels of developing countries are amplifying their economic vulnerability, the United Nations Conference on Trade and Development’s (UNCTAD) new research warns.
FG offers N100bn worth of bonds
The Federal Government has offered for subscription by auction N100 billion worth of bonds in its June 26 auction, the Debt Management Office (DMO) said. The offer circular obtained from its website on Tuesday in Abuja, stated that it would sell N30 billion of a five year re-opening issue maturing in April 2023 at 12.75…
Investors over-subscribe 30-year FGN bond by N100 billion
The Debt Management Office (DMO) yesterday said its longest debt paper so far - the 30-year May 2019 FGN Bond auction – again attracted over-subscription like it did the previous month. The agency submitted that it was oversubscribed byN100 billion far from the N30 billion offer. The DMO, in a statement, stated: “Three instruments for…
Exporters, DMO in search of consensus to EEG claims resolution
Nigeria’s non-oil export has continued to suffer a huge setback due to various challenges. Top on the list include, logistics challenges in moving products to the ports and the lingering issue of unsettled Export Expansion Grant (EEG) claims. With the unsettled incentives converted to promissory notes, there are concerns among operators about the payment arrangement…
‘How Nigeria can achieve significant reduction in financial exclusion’
Experts at the just concluded capital market summit of the Association of Stock Broking Houses of Nigeria (ASHON) have stressed the need to create a specialised fund that would address financial literacy at the grassroots and attract....