The FGN Bond Auction for March 2019 conducted by the Debt Management Office (DMO) on Wednesday, March 27, 2019, at which N100 billion Bonds were offered, was oversubscribed just as in the Auctions for January and February 2019. A statement from the DMO said it “offered three instruments at the Auction for 3, 7 and […] …
DMO
Level of liquidity may be responsible for dwindling bonds subscription- DMO
Reps probe Nigeria’s ‘alarmingly high’ N22trn debt profile
Senate panel alleges plot to cause fuel scarcity
The Senate Committee on Petroleum (Downstream) has alleged plot by saboteurs in the oil sector to cause scarcity of petrol and return queues at filling stations at Christmas.
The post Senate panel alleges plot to cause fuel scarcity appeared first on The Guardian Nigeria Newspaper – Nigeria and World News. …
FG, petroleum marketers agree on settlement of N800bn subsidy claims
“After a meeting held today… we are satisfied with the arrangements being made by the government to settle the claims of petroleum marketers.” Adewale Sanyaolu and Uche Henry The Federal Government and petroleum marketers have agreed on the settlement of outstanding N800 billion subsidy claims and assured that operations at all depots and sales will […]
The post FG, petroleum marketers agree on settlement of N800bn subsidy claims appeared first on The Sun Nigeria. …
Oil marketers threaten to shut depots over N800bn subsidy arrears
Uche Usim and Adewale Sanyaolu Petroleum marketers have threatened to down tools across all depots in protest against the inability of the Federal government to clear their backlog of about N800billion subsidy arrear. The marketers, under the aegis of Major Oil Marketers Association of Nigeria (MOMAN), Depot and Petroleum Products Marketers Association (DAPPMA) and Independent Petroleum Products […]
The post Oil marketers threaten to shut depots over N800bn subsidy arrears appeared first on The Sun Nigeria. …
Oniha: Global market volatility affected Nigeria’s debt profile
Patience Oniha, director-general, Debt Management Office (DMO), says volatility in the international market affected Nigeria’s debt profile. Oniha made the remark during a presentation by the International Monetary Fund (IMF) The post Oniha: Global market volatility affected Nigeria’s debt profile appeared first on TheCable.
Over N863b Subsidy: Senate Gives FG one week to meet with CBN, DMO, Stakeholders, Oil Marketers
ABUJA- THE Senate, Wednesday expressed its disappointment over Federal government’s inability to settle the outstanding subsidy payment that now stands at over N863 billion, with tendency to go beyond that if not paid.
Continue reading Over N863b Subsidy: Senate Gives FG one week to meet with CBN, DMO, Stakeholders, Oil Marketers at Vanguard News Nigeria. …
FG to float N100bn Sukuk in December
Director General of the Debt Management Office (DMO), Patience Oniha, says another N100 billion Sukuk will be floated in December 2018. This is coming after the Federal Government had earlier issued an N100 billion in September 2017 for the construction of 25 economically important roads. Sukuk or Islamic Bond is a financial instrument structured to […]
The post FG to float N100bn Sukuk in December appeared first on The Sun Nigeria. …
