Tag: Patience Oniha

A $500 million sukuk bond, the first of its kind to be offered by the country, is also in the ...

“With all the reforms that have taken place, particularly around FX, we have started engaging JP Morgan again to get ...

In US dollars, the figure fell from $108.2 in December 2023 to $91.4 in March

The DMO official said that the debt report was somewhat an improvement from the past, before President Bola Tinubu's government.

The Debt Management Office (DMO) also gave reasons for Nigeria's debt stock surge.

The DMO said that the country’s external debt stock was skewed in favour of loans from multilateral and bilateral lenders.

The Nigerian delegation at the meeting also included the Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, and ...

The records show that deficits in the annual budgets, including supplementary budgets, rose to N10.78 trillion in 2023 from N1.62 ...

An expert said the new plan is a reflection of government's misplaced priority.

The four bonds are all valued at N90 billion, totalling N360 billion

An official said the Works and Housing Ministry will get N110 billion while the FCTA will get N20 billion in ...

An official noted that securitization of CBN loans will enhance debt transparency

The DMO advised interested investors to contact Greenwich Merchant Bank Limited, Vetiva Capital Management Limited and Stanbic IBTC Capital Limited ...

The DMO said Nigeria would not be in its current debt situation if it had taken advantage of the hike ...

The borrowing, added to the Nigerian government’s debt figure estimated at N42.8 trillion at mid-year, sums the government’s entire debt ...

DMO says the nation's debt profile will continue to grow as long as lawmakers pass deficit budgets.

The nation's top debt manager says the country's problem is primarily that of insufficient revenue.

The grant is part of the $1.5 billion World Bank-Assisted States Fiscal Transparency Accountability and Sustainability (SFTAS) Programme for the ...

She said that the most viable solution to the country’s challenge remained to grow revenues and plug all leakages, as ...

Her appointment for a second term was based on the significant achievements recorded by the DMO in the last five ...

The outcome makes Nigeria the first African country to access the international capital market in 2022.

The government will also borrow locally to support the spending.

The bonds have varying maturities and coupon rates of 12.50 per cent and 13 per cent.

The listings are 6.12 per cent $1.25 billion September 2028; 7.37 per cent 1.50 billion dollars September 2033 and 8.25 ...