DMO, National Assembly rally support for Nigeria’s first exchange association
As stakeholders celebrate the emergence of Nigeria’s first indigenous securities exchanges association, the group has been urged to focus on mobilising private sector support for economic growth.
Borrowing begins as DMO raises N67b for budget
The domestic borrowing plan of the Federal Government in a bid to fund the budget deficit has commenced in earnest, as its debt manager raised N66.9 billion through the FGN Bond Auction yesterday. The Debt Management Office (DMO), which disclosed the development, affirmed that it was part of the capital hunt for the 2018 Budget.…
DMO releases FGN bond issuance calendar for Q1 2018
The Debt Management Office (DMO), has released the FGN Bond Issuance Calendar for Q1, 2018.
Sovereign Green bond oversubscribed, says DMO
The Debt Management Office (DMO) has announced that the Sovereign Green Bond offered to the general public in December 2017, was well received by a wide range of investors. At the close of the offer, the total subscription received was N10.791 billion compared to the N10.69 billion Offered. Among the investors who subscribed to the…
DMO lists FG pioneer diaspora bond, Eurobonds on FMDQ platform
The Federal Republic of Nigeria through the Debt Management Office (DMO) has pioneered the inaugural listing of Diaspora Bond on the FMDQ OTC Securities Exchange platform. FMDQ in a statement in Lagos said that the listing was the first in the Nigerian debt capital markets (DCM). The statement said the 1.5 billion dollars Federal Government…
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).