The Debt Management Office (DMO) has disclosed the Federal Government has redeemed a $500 million Eurobond on its due date. According to a statement by the...
Zenith Bank has raised $107.4 million through the issuance of Eurobond. This is expected to help the lender to mitigate interest rate and currency conversion that...
The Minister of Finance, Budget and National Planning Zainab Ahmed, said on Tuesday the Federal Government would use $2.2 billion out of the cash raised through...
The Director-General of the Debt Management Office (DMO), Patience Oniha, said on Wednesday the Federal Government planned to repay a $500million Eurobond with funds raised from...
The Central Bank of Nigeria (CBN) has injected $289.76million into the retail secondary market intervention sales and CNY38.70million into the spot and short- tenored forwards segment...
The Debt Management Office (DMO) has revealed that Nigeria’s total debt portfolio leaped from N12.12 trillion as of June 30, 2015 to N22.43 trillion as of...
The Federal Government of Nigeria on Wednesday successfully raised a new $2.86 billion Eurobond. The $2.86 billion however came at a higher interest rate, a move...
The nation’s fiscal crisis may not have been overstated after all, as government paid about N844.88 billion in salaries and offset debt-related obligations that were due...
The upper chamber of the National Assembly Wednesday embarked on another break, two weeks after resuming from its annual break. The Senators are billed to resume...
The Federal Executive Council (FEC) has approved six transaction parties to advise the Federal Government on the issuance of $2.78 billion Eurobonds and other securities in...
Despite the row brewing between the Nigerian federal executive and its National Assembly, the lawmakers have given approval to the $500 million Eurobond sale for the...
The Federal Government has listed its $1 billion Eurobond at the Nigerian Stock Exchange (NSE), making history as the first foreign currency denominated security to be...
Acting President Yemi Osinbajo on Wednesday sought formal approval from the National Assembly to commit a $500million Eurobond for the financing of the country’s 2017 budget...
One of the targets of the recently marketed Eurobond deal is to use the goodwill to shore up the Nigeria’s depleted foreign reserves and increase the...
Despite claims by Nigerian officials that the country’s $1bn Eurobond sale was oversubscribed, investors are still insisting that permanent peace be found in the oil producing...
In an attempt to avoid the situation that hampered execution of Nigeria’s 2016 budget, the Federal Government has concluded plans to borrow about N450 billion, internally,...
As the Federal Government pushes ahead with its Eurobond aimed at raising hard-currency funds from the global capital market, the Debt Management Office (DMO) has cautioned...
The recent discovery that Nigeria owes about $7.5 billion to local contractors has become another issue that may mar Nigeria’s quest to lure foreign investors into...
Baring last minute-changes, the Debt Management Office (DMO) will by the second week of November 2016 unveil the full list of banks to participate in the...
The Federal Government has concluded plans to raise $1 billion on the Eurobond market. The move by the Nigerian government is part of its plan to...
The Minister of Finance, Mrs Kemi Adeosun, Tuesday, in London, said the federal government would issue $1 billion Eurobond in the third quarter of 2016 for...
The concluded 2015 presidential elections lived up to its tag as the most keenly contested election since the return to democratic rule in 1999, ending with...
