Nigerian Roads, Bridges Gulp N613bn Sukuk Proceeds – FG
As 2022 capital releases hit N1.88trn mark in Nov DMO lauds Ministries, contractors for transparent funds’ utilization BY COBHAM NSA – Revelling that the Sukuk initiative has helped to improve…
Ms Patience Oniha
DMO Explains Nigeria’s N77trn Debt Profile
Says figure represents tally for FG, 36 States, FCT BY EDMOND ODOK – Apprehensive over the outrage trailing the country’s debt profile projected to hit the N77 trillion mark by…
Buhari Will Leave N77trn Debt Behind By May 29 – DMO
BY COBHAM NSA – From available and incontrovertible statistics, President Muhammadu Buhari is set to leave behind a whopping N77 trillion debt for the incoming administration by his May 29,…
Buhari Approves Reconstituted NBET Board
Finance Minister Ahmed heads team BY EDMOND ODOK, ABUJA – President Muhammadu Buhari has approved the reconstituted Board of Directors of the Nigeria Bulk Electricity Trading Company Plc (NBET) with…
DMO Pegs Nigeria’s Debt At N22.4trn, Raises N410bn For 2018 Budget
BY COBHAM NSA, ABUJA – Against the backdrop of Federal Government’s decision to borrow about N1.6 trillion to fund the 2018 budget deficit of N1.95 trillion, the Debt Management Office…
Nigeria’s Debt Management Strategy Functional – DMO
Describes report as falsehood BY EDMOND ODOK, ABUJA – Nigeria has an existing Debt Management Strategy (DMS) that the Federal Government is currently implementing in full, the Debt Management Office…
Nigeria Moves Steadily Towards Debt Overhang
Against the backdrop of the high cost of debt servicing in both 2017 and 2018 proposed budget, JUSTUS NDUWUGWE, is worried by the tendency to create unsustainable debts at the…
Good News As Nigeria Floats US$3bn Dual-Tranche Bond
FG heralds pricing of US$1.5bn 10-year; US$1.5 billion 30-year notes under Global Medium Term Note programme BY EDMOND ODOK, ABUJA – Confidence building in the Nigerian economy continued its upward…