Reps summon DMO over alleged breaches in $300m diaspora bond
The House of Representatives yesterday summoned the Director General of the Debt Management Office (DMO), Ms. Patience Oniha, over alleged abuses in the subscription of the $300 million Diaspora bond.
Nigeria eyes $2.5BN Eurobond sale in Q1 to refinance local debt
Nigeria will consider raising $2.5 billion through Eurobonds in the first quarter to refinance a portion of its domestic treasury bill portfolio at lower cost, the head of the Debt Management Office told Reuters on Thursday.
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…
NSE admits FGN $300 million Diaspora Bond, $3 billion Eurobonds
The Nigerian Stock Exchange’s daily official list swelled yesterday with the listing of the FGN 30 year $1.5 billion Euro Bond, FGN 10-year $1.5 billion Euro Bond and FGN 5-Year $300 million Diaspora Bond on its platform.
Obaseki, others, discuss investment opportunities at LSE
Also present were Kayode Fayemi, Oscar Onyema and Patience Oniha, who presented data to show Nigeria’s way to recovery after exiting economic recession.
Nigeria seeks $36 billion to complete railway projects
The Federal Government needs a total of $36 billion to complete its rail projects across the country.
DMO sensitises on N100b bond for budget deficit, major road projects
In this respect, a national roadshow, led by the Director-General, Patience Oniha, commences today in Abuja to sensitise local and institutional investors to features and benefits of the sovereign bond.
States and new loans
It is instructive that the Debt Management Office did not just stop at cautioning against further borrowing by states, it also offered suggestions that should be of help to the states, if only they have ears that hear.