DMO defends government borrowings from pension fund
As opinions vary on whether or not the Federal Government should continue to borrow from over N10trillion pension contributions for infrastructure development, the Debt Management Office (DMO), has defended that there was nothing untoward about the development.
Sanwo-Olu appoints five new permanent secretaries
The Lagos State Governor, Mr Babajide Sanwo-Olu, has approved the appointment of five new Permanent Secretaries. A circular released in Lagos on Monday by the Head of Service, Mr Hakeem Muri-Okunola...
Nigeria to borrow N803b in two months, forecloses Eurobond debt
From now till December 31, 2019, Nigeria will raise its domestic debt profile by N802. 82 billion to support the 2019 budget implementation which would elapse in barely 64 days, the Debt Management Office (DMO) has said.
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.
DMO raises N147b to fund 2019 budget
The Debt Management Office (DMO) yesterday raised N146.60 billion to fund the 2019 federal budget. Its Director-General, Patience Oniha, said the money was raked from the monthly auction of FGN Bonds it conducted for three Instruments with tenors of five-year
At the risk of sounding immodest, I should like to state that my voice had been among the “Doomsday prophets” who foresaw, with rather a mathematical exactitude, Nigeria’s extant existential woes.
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...
DMO lists FGN second N100 billion Sukuk on NSE
Debt Management Office (DMO) Nigeria, has listed the second ₦100 billion, seven-Year, FGN Sukuk due to mature in 2025, on the Nigerian Stock Exchange (NSE) platform.