Nigeria’s foreign debt up by 40% under Buhari — NBS
Foreign debt stood at $15.1 billion by June.
Foreign debt stood at $15.1 billion by June.
The seven-year Islamic bond will yield a 16.47 per cent rental rate.
The federal government had spent N253.3 billion on domestic debt servicing in the second quarter of 2017.
In March, N2.068 billion was allotted to 2,575 investors.
The savings bond issuance is expected to help finance the nation’s budget deficit.
The DMO said the oversubscription indicates success of various initiatives.
About N160.7 million was allotted at 13.38 per cent.
The increase represents an increase of N1.8 trillion.
The Eurobond was over-subscribed by 780 per cent.
The new debt strategy shows that it is slanted significantly in favour of external borrowing than domestic borrowing.
DMO says N20 billion 10-year bonds and N30 billion five-year bonds would be auctioned.
Mr. Oshiomhole says PENCOM had nothing to do with pension funds directly.
The lawyer threatens to sue if his requests are not granted within seven days
President Jonathan’s government left the country with a N7 trillion deficit, the head of Nigeria’s Transition Committee was reported as ...
The group says governors have been irresponsible in their handling of money.
NUPENG says there is little or nothing it can do.
Nigerians in the Diaspora also got information on the dreaded Ebola Virus Disease.
Bonds will mature in 2016 and 2030. The Debt Management Office, DMO, says it will on January 15 auction N90 ...
the DMO had transformed the market to raise long-term funds of up to 20 years. The Debt Management Office, DMO, ...
The National Economic Council met on Thursday in Abuja. The governors of the 36 states of the federation have told ...
Bond sales would open on April 17. The Debt Management Office says the Central Bank of Nigeria may sell as ...
"The more things change, the more they stay the same". Thus, Jean-Baptiste Alphonse Karr, commenting several years ago on the ...
All content is Copyrighted © 2025 The Premium Times, Nigeria
All content is Copyrighted © 2025 The Premium Times, Nigeria
