DMO announces August 2020 FGN Savings Bond offer for subscription
The FGN Savings Bond is backed by the full faith of the Federal Government of Nigeria.
The FGN Savings Bond is backed by the full faith of the Federal Government of Nigeria.
The DMO assured that the Bond offers were going to resume when the conditions change.
For the revised budget, the oil benchmark was reduced from $57 per barrel to $28.
According to data obtained from DMO, $27.66 billion (N9.9 trillion) is the total external debt.
The CBN sells T-bills on a bi-weekly basis to investors and it is one of the safest investments available.
This shows that China is not a major source of funding for the Nigerian Government.
The DMO expects to continue to raise funds through Sukuk to support improvement in infrastructure.
Treasury bill auctions shows that the Debt Management Office sold N4.4 billion on the 91-day paper, N7.8 billion on the ...
Ministers of Finance from African countries have requested for debt relief from bilateral, multilateral and commercial partners to cushion the ...
Nigeria's total debt stock as at December 2019 included N21.7 trillion owed by the Federal Government and N5.6 trillion owed ...
Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |