The debut N100 billion Sukuk offer by the Debt Management Office (DMO) has been oversubscribed by 5.8% approximately 6%. According to a statement issued by the office, investors in the…
Statistics from the Debt Management Office (DMO) on Tuesday has shown that Nigeria's debt has risen from N12.12tn in June 2015 to N16.29tn as of June 30, 2016, indicating a N4.17tn increase. The…
The Debt Management Office, DMO, has disclosed that the Federal Government has started plans to raise $1 billion from International Capital Market in 2016. It said the $1billion sale is…
by Debo Adejugbe It is actually obvious that the blokes at the Presidency are very slow. In its editorial titled “Jonathan and the Chinese bear hug” on July 25, 2013,…
by Ogunyemi Bukola Despite promises by the Federal Government to slash it, figures from the Debt Management Office show that Nigeria’s external debt profile rose by $143m in the first…
Ngozi Okonjo-Iweala The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Tuesday confirmed The PUNCH’s story that the Federal Government’s subsidy account with the Central Bank of Nigeria was empty, blaming…