Nigeria’s debts on the rise — N20 trillion and still counting

Nigeria’s debts on the rise — N20 trillion and still counting

Data made available by the Debt Management Office (DMO) on Tuesday showed that Nigeria’s debt stock has hit N20 trillion as at September 30, 2017. Domestic debt accounts for 76.96 The post Nigeria’s debts on the rise — N20 trillion...
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FG raises N6.7bn from savings bond in eight months

FG raises N6.7bn from savings bond in eight months

The federal government has raised N6.7 billion through the auction of savings bonds in the last eight months, the Debt Management Office (DMO) has said. An analysis of data from The post FG raises N6.7bn from savings bond in eight...
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Fashola’s ministry gets N100bn Sukuk proceeds

Fashola’s ministry gets N100bn Sukuk proceeds

The ministry of works, power and housing has received N100 billion proceeds from the Sukuk subscription. This comes nine working days after the subscription period of the non-interest bond. The The post Fashola’s ministry gets N100bn Sukuk proceeds appea...
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Oniha: More Eurobonds to be released in late 2017

Oniha: More Eurobonds to be released in late 2017

Patience Oniha, director general of the Debt Management Office (DMO), says the federal government has plans to release more Eurobonds by the fourth quarter of 2017. Oniha made this knownThe post Oniha: More Eurobonds to be released in late 2017...
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Lagos most indebted Nigerian state, has N311b debt stock

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