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DEBT MANAGEMENT OFFICE
The Federal Government of Nigeria, through the Debt Management Office (DMO), yesterday announced the opening of the March Savings Bond Offers.
Though the Debt Management Office (DMO) believes borrowing is necessary, it disclosed the major challenge facing the country.
Investors staked about N458.2 billion for the N140 billion bond that was put on offer by the Debt Management Office (DMO), yesterday.
The DMO has announced the appointment of City Stockbrokers Limited (CSL), a member of the FCMB Group Plc, as the new Government Stockbroker.
All plans are in progress for the Federal Government to conclude the sale of $3.3 billion Eurobond through open competitive bids.
These are rare financial gifts you can use to surprise your partner on Valentine's Day.
All the 36 states of the federation contravened the guidelines of the DMO by contracting debts exceeding their 12-month revenues.
PenCom is taking steps to raise pension bonds through the Debt Management Office (DMO) to offset the pension arrears of the federal retirees.
FG has defended the new external debt borrowing of $22.7 billion from the World Bank and other international financial organizations.
Nigeria’s public debt stock rose to N25.7 trillion in June 2019 and the payment for servicing the debt continues to be a major source of concern.
The Federal Government of Nigeria is responsible for 80% of the country’s debt profile of N25.7 trillion.
The FG on Wednesday, 20, November 2019, through the DMO, would offer fresh FGN Bonds valued at N150 billion for subscription.