Browsing: DMO

Fiscal Deficit: FG Raised 67% of External Borrowing Plan – DMO. The Debt Management Office has told investors that the federal government has raised 67% of its external borrowing plan to finance its fiscal deficit for 2020.

Nigeria’s Headline Inflation Rate Rises to 12.40%. The Nigerian Bureau of Statistics (NBS) recent data shows that the consumer price index (CPI) which measures inflation increased by 12.40 % year-on-year in May 2020.

PMA: Demand for Low-risk Investment Options to Fuel Subscription. Analysts have said that increasing demand for low-risk investments option would support demand at the Federal Government bond auction on Wednesday.

Market Brief: NSE sustains positive momentum on accretion to external reserve

Nigeria’s debt service to revenue is high, the debt management office,DMO, said in its recent clarification about Nigerian debt stock. DMO said debt service figures grew as a result of the increase in the Debt Stock and relatively high domestic interest rates.

FGN Bond auction over subcribed in October – DMO

Ticking Debt Clock: How Much Can Nigeria’s Economy Absorbs?

FG borrows N1.32trn in 6-month, hike public debt to N25.7trn

“Nigeria pays more on Eurobond than other African countries”

FSDH Research has noted that Nigeria has room for more public debt.