Tag: DMOTag: <span>DMO</span>

Despite criticisms, FG’s Sukuk bonds oversubscribed by 6 per cent

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…

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[The Presidential Blog]: Dear DMO, please DPMO

I was going to start by saying "it appears that these people do not get it". But then as I typed the words and read them myself, I realised that…

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N4.17trn: How much Nigeria has borrowed in a year

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…

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Nigeria set to raise $1bn from international capital market

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…

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Debo Adejugbe: Nigeria – A presidency proudly made in China (Y! Politico)

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,…

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Yo-yo: Nigeria’s external debt rises to $6.67 billion, domestic debt stock down to N6.493 trillion

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…

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Why fuel subsidy account is empty – Okonjo-Iweala

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…

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