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Debt Management Office
The appetite of investors to take up Federal Government Bond has remained unabated, as they staked a total of N458.2 billion for the N140 billion bond put on offer by the Debt Management Office (DMO), yesterday.
Edo State Governor Godwin Obaseki, has asked the Peoples Democratic Party to show proof of allegations that the state treasury is empty.
The Senate has begun the consideration of President Muhammadu Buhari’s request of 2016-2018 External Borrowing to the tune of $29.96 billion to be spent by the Federal Government to execute key infrastructural projects.
The Debt Management Office (DMO) has revealed that the President Muhammadu Buhari-led administration inherited a debt of $63.81 billion when it came into power in 2015.
Ministers on Tuesday made a case for the approval of the $22.718 billion loan request made by President Muhammadu Buhari to the National Assembly.
The ministers, including that of Finance, Mrs. Zainab Ahmed; Works and Housing, Babatunfe Fashola, and Minister of State for Transport, Gbemisola Saraki, made the submission at a session with the House of Representatives Committee on Aids, Loans and Debt Management, headed by Safana Dayyabu (APC, Kano).
President Muhammadu Buhari has replaced Muiz Banire as the head of Asset Management Corporation of Nigeria (AMCON).
Forty-two civil society organisations on Thursday raised concerns over Nigeria’s increasing debt profile, asking that efforts be made to stop the trend.
President Muhammadu Buhari on Thursday forwarded a request to the Senate to reconsider and approve the federal government’s 2016 to 2018 external borrowing plan.
The Director-General of the Debt Management Office (DMO), Mrs Patience Oniha, has lauded Governor Godwin Obaseki of Edo State for his prudent borrowing habit.
The Debt Management Office (DMO), says investors’ confidence in Federal Government Securities remained high at the Federal Government Bond Auction conducted by the office on Wednesday.
The Nigerian Stock Exchange (NSE) has listed the Federal Government of Nigerian (FGN) N15 billion Green Bond. The bond has a coupon rate of 14.50 per cent on June 13, 2019 and is due to mature on June 13, 2026.
Bauchi State Government has expressed its determination to ensuring the full implementation of the disbursement-linked Indicators, which is a World Bank initiative, under the state fiscal transparency, accountability and sustainability principles.
Norwich boosted their bid for Premier League survival as Jamal Lewis fired the bottom club to a crucial 1-0 win over third-placed Leicester on Friday.
The Federal Government is asking Nigerians not to fall for the antics of purveyors of fakes news and disinformation on social media over the new case of Coronavirus recorded in the country.
Police Command in Enugu State has announced the restriction of human and vehicular movements in the state on Saturday, Feb. 29, for Local Government Elections.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP) in the 2019 elections, says it is time the federal government suspends flights from countries that have been affected by the coronavirus.
The Peoples Democratic Party, PDP, on Friday, urged Nigerians to hold President Muhammadu Buhari responsible if Coronavirus leads to any major calamity in Nigeria.
Juan Mata is confident that Bruno Fernandes and Odion Ighalo could hand Manchester United the expected impetus to boost the club’s quest for a top-four finish in the Premier League.
Nigerian ace rapper Eedris Abdulkareem, who was recently dragged before the police for reportedly beating up his landlord, whom he accused of sexual harassment, has taken a swipe at the popular actress, Mercy Aigbe.
Mata has taken on a senior position in the squad and has explained to United Review his role as a mentor to younger players.
Manchester United fans may soon be spoilt for choice in terms of quality midfielders after reports emerged of potential interest in Real Madrid star Martin Odegaard.
Arsenal striker, Pierre-Emerick Aubameyamg, was devastated after the Gunners crashed out of the Europa League against Olympiacos.