Tuesday, February 23, 2021

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Debt Management Office

BREAKING: Nigerian govt releases ₦995.7bn for 2020 capital projects

Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that the sum of ₦995.665 billion has so far been released for capital expenditure, to implement the 2020 revised budget.

Nigeria’s budget deficit rises to N4.5trn – DMO

The Director-General of the Debt Management Office, DMO, Patience Oniha, on Monday said that Nigeria’s budget deficit has risen from N1.847 trillion to N4.563 trillion.

Nigerian govt earmarks N150bn for 44 highway projects – Minister

The federal government will spend the N150 billion Sukuk bonds being issued by the Debt Management Office, DMO, in financing 44 ongoing highway projects across the country.

Savings bonds: Nigerian govt auctions N656,577m to 288 subscribers in February — DMO

The Federal Government says it allotted N656.5 million to 288 subscribers at its February savings bond auction on Wednesday.

Nigeria’s debt profile still at N25.7trn – DMO

The Debt Management Office, DMO, says that Nigerian’s total debt profile is N25.7 trillion.

Nigerian govt to auction N150bn bonds September 25 — DMO

The Federal Government has offered for subscription by auction N150 billion worth of bonds in its September 25 auction, the Debt Management Office, DMO, said.

Debt Management Office opens September savings bond offer

The Debt Management Office, DMO, says that the September savings bonds’ offer of the Federal Government has opened for transactions.

Nigeria’s debt profile rises to N25tn – DMO

Nigeria’s total debt has increased by 2.3% to N24.947 Trillion (US$ 81.274 Billion) as of March 31, 2019, according to a release on Wednesday by the Debt Management Office, DMO.

Nigerian govt to auction N150bn bonds on January 30

The Debt Management Office, DMO, says the Federal Government is to auction by subscription N150 billion worth of bonds on Jan. 30. The DMO said...

Nigeria’s Islamic bond, Sukuk, oversubscribed, receives N132bn for N100bn offer

The Federal Government received over N132 billion subscriptions from 2,073 investors for its N100 billion 7-year 15.74 per cent Sukuk offer, the Debt Management...

Nigerian govt pays oil marketers, freezes interest on loan

Henry Ikem-Obih, Chief Operating Officer, Downstream, Nigerian National Petroleum Corporation, NNPC, says the Federal Government has paid the agreed N236 billion as first tranche of the outstanding subsidy claims to oil marketers.

Nigerian gov’t issues N100bn sovereign sukuk at 15.7%

The Federal Government has begun the sale of its second tranche 7-year N100 billion sovereign sukuk, the Debt Management Office, DMO, said on Thursday. The...

JUST IN: Nigerian govt bars salary owing states from accessing $2.69bn Paris Club refund

The Federal Government said states must clear the backlog of salaries and other related staff arrears before they would be able to access the...

DMO raises N66.9bn at July bond auction

The Debt Management Office, DMO, says the Federal Government raised N66.9 billion at its bond auction on Wednesday, as part of moves to finance the...

Nigeria offers N60bn worth of bonds on June 27

The Federal Government has offered for subscription by auction N60 billion worth of bonds in its June 27 auction, the Debt Management Office, DMO, has said.

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