Tag archive for ‘DMO’
Debt Management Office
By metro On Friday, January 19th, 2018

DMO plans to raise up to 385 billion naira in local bonds in first quarter

The Debt Management Office (DMO) plans to raise 315 billion to 385 billion naira ($1 billion to $1.26 billion) in the first quarter of the year through sales of naira-denominated bonds, the Debt Management Office More...

Patience Oniha
By metro On Friday, December 22nd, 2017

FG will reduce borrowing cost – DMO

The Federal Government will implement prudent fiscal and debt management in the coming years to reduce the nation’s debt cost, the Debt Management Office (DMO) has said. Ms Patience Oniha, the DMO Director-General, More...

Debt Management Office
By metro On Tuesday, December 12th, 2017

FG set to redeem N198 billion treasury bills in December

The Debt Management Office (DMO) says it will repay the N198.03 billion Nigerian Treasury Bills fully at maturity in December 2017. A statement from the office made available to the News Agency of Nigeria (NAN) More...

By metro On Wednesday, November 15th, 2017

Eurobonds account for a fifth of Nigeria’s $15.35 bln in foreign debt

Eurobonds made up more than a fifth of Nigeria’s $15.35 billion foreign debt portfolio as of September and more than half of interest paid in the third quarter, the Debt Management Office (DMO) said on Wednesday. Foreign More...

oil pipelines
By metro On Thursday, November 9th, 2017

FG plans $2.3b in oil asset equity restructuring -DMO

FG plans to raise 710 billion naira ($2.26 bln) via restructuring its equity in joint venture oil assets and increasing private sector participation, the Debt Management Office (DMO) said on Thursday. Oil companies More...

Debt Management Office
By metro On Thursday, October 26th, 2017

The Debt Management Office sells five and 10-year bond at flat rate of 15 pct

Nigeria has sold a five and 10-year debt at a flat rate of 15 percent at an auction on Wednesday to curtail borrowing costs as inflation declines, traders said on Thursday. The Debt Management Office (DMO) raised More...

By metro On Wednesday, October 4th, 2017

FG to raise 270-330b naira in bonds in Q4 -debt office

FG plans to raise between 270 billion naira and 330 billion naira ($857 million – $1.1 billion) in local currency-denominated bonds in the fourth quarter, the Debt Management Office (DMO) said on Wednesday. The More...

Debt Management Office
By metro On Wednesday, September 27th, 2017

FG 100b naira debut sovereign sukuk oversubscribed by 5.8 pct -DMO

A 100-billion-naira debut sovereign sukuk launched by Nigeria’s government on the domestic market last week was 5.8 percent oversubscribed, the Debt Management Office said on Thursday. The seven-year Islamic bond, More...

By metro On Tuesday, September 12th, 2017

Nigeria’s domestic debt hits N19.63 trillion, says DMO

Nigeria’s public debt stock for both the Federal Government and the states as at June 30 stood at N19.63 trillion, the Debt Management Office (DMO) said. The DMO, according to  a report on its website said the More...

By metro On Monday, August 21st, 2017

Bonds: 7,000 investors subscribed in five months — DMO

Ms Patience Oniha, Director-General, Debt Management Office (DMO), says about 7,000 investors have subscribed to the Federal Government of Nigeria’s savings bonds since its introduction in March. Oniha told the More...