Budgeting Investments/Capital Market Latest News Political Economy Revenue

Nigeria’s Debt Stock Up N31.009Trn Amid Borrowing Spree

The Debt Management Office (DMO) on Wednesday reported an increase of N2.38 trillion in Nigeria’s public debt stock in three months (April-June 2020) thereby pushing the nation’s debt stock to N31.009 trillion or $85.897 billion at the end of half year 2020. At the end of the first quarter, the total public debt stock, comprising […]

Investments/Capital Market Latest News

FG To Auction N115Bn Bonds Next Wednesday

In its sustained efforts to reduce deficit in public finance through debt instruments, the Federal Government will next Wednesday, November 21, auction by way of subscription, N115 billion worth of bonds.   The Debt Management Office (DMO) disclosed this Tuesday through a circular published on its website. The official information on the proposed bond auction […]