Nigerian Treasury Bills
Domestic debt service of N607b and quests for more
The Federal Government incurred a debt service bill of N606.87 billion on domestic obligations alone in just one quarter. This is more than 20 per cent of the total capital
How CBN’s market operations, treasury bills differ
The two major domestic debt instruments in the country- Open Market Operation (OMO) and Nigerian Treasury Bills (NTBs) are different from each other, contrary to the generally held public opinion.
Nigeria’s fiscal challenges dent domestic debts refinancing agenda
In 2017, the then Minister of Finance, Mrs. Kemi Adeosun, embarked on a $3billion Eurobond debt. She explained that the move was to take advantage of the favourable international market to raise cheap funds for the country, mostly to refinance Federal Government’s maturing local debts.