•DG, Debt Management Office, Patience Oniha The Debt Management Office (DMO) has said that the Federal Government is seeking to raise N2.5 trillion in its second bond auction of the year. In a circular issued yesterday, DMO stated that the offerings consisted of N1.25 trillion with a maturity date of February 2031 and another N1.25 […]...
•Tinunu presents budget proposal to NASS Chief Economist, Senior partner at SPM Professionals, Paul Alaje said Nigeria may have to borrow to service debt in 2025 if the federal government does not take serious precautionary measures. Alaje stated this during an interview with Arise Television yesterday. He said, “You look at the debt profile t...
•Nigerian Senate The Senate yesterday Saturday, December 30, approved President Bola Tinubu’s request to borrow $7.8billion and €100 million as part of the 2022- 2024 borrowing plan of the federal government. The resolutions of the Senate followed its consideration and adoption the report of its committee on Local and Foreign Debt during its s...