The nation’s total public debt increased by 4.52 per cent in the first three months of the year, data from the Debt Management Office showed on Wednesday. The public debt increased from ₦21.73 trillion ($71bn) in December 2017 to ₦22.71 trillion ($74.28 billion) at the end of the first quarter of 2018. The DMO said […]
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The Federal Government has announced the reappointment of a consortium of banks including Citi Group, Standard Chartered, Stanbic IBTC, Whitten-Case and African Practice, to handle the $2.5 billion Eurobond. Minister of Finance, Kemi Adeosun disclosed this, on Wednesday, to State House Correspondents on the $2.5 billion External Borrowing for refinancing at the end of Federal […]
Read More The Debt Management Office (DMO) is set to repay in full at maturity, the ₦198.032 billion Nigerian Treasury Bills (NTBs) maturing this month. Details provided yesterday by the debt office showed that ₦131.415 billion and ₦66.617 billion of NTBs will mature on December 14 and 21. Before now, the practice was to rollover NTBs at […]
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