DMO Director-General says federal government will reduce borrowing cost
The federal government will implement prudent fiscal and debt management in the coming years to reduce the nation’s debt cost, the Debt Management Office (DMO) has said. Ms. Patience Oniha, the DMO Director-General, made this assertion on Thursday in Lagos. Oniha spoke at the listing of the FGN 30 year 1.5 billion dollars Euro Bond…
DMO to redeem N198b treasury bills this month
The Debt Management Office (DMO) has said it will repay in full at maturity, the N198.032 billion Nigerian Treasury Bills (NTBs) this month.
Reps quiz CBN, PenCom, DMO over alleged capital market breaches
Following alleged breaches in the nation’s capital market, the House of Representatives Committee on Capital Market and Institutions yesterday, quizzed the Central Bank of Nigeria..
FG allots N256.23m in November savings bond sales
The Federal Government allotted N256.23 million in its November, 2019 and 2020 savings bond sales, according to the Debt Management Office (DMO).
CBN to raise N22 billion debt for government in three months
Beginning this week till August 31, the Central Bank of Nigeria (CBN) will raise N22.3 billion for the government through its debt issuance instrument- Nigerian Treasury Bills (NTBs).
Interbank lending rates defy N413b securities auction, banks’ debit
Interbank lending rates were relatively stable through the weekend despite a combined auctions of government securities worth N413 billion, by the Central Bank of Nigeria (CBN) and Debt Management Office...
Buhari adopts new debt strategy to bolster real sector
To correct the existing anomaly where the private sector is crowded out of the debt market by the Nigerian Government, President Muhammadu Buhari has directed the Debt Management Office...
DMO to release timeline for issuance of sovereign sukuk by Q3
The timeline for the issuance of sovereign sukuk would be made public by the third quarter of this year, the Debt Management Office (DMO) has stated.