The Debt Management Office on Wednesday said that it planned to raise between N210 and N360bn in sovereign bonds from five years to 20 years in the first quarter of 2013. It said in a statement that the amount being proposed was higher than its 2012 fourth quarter debt issuance […]
Tag: Debt Management Office
DMO Unveils Stanbic IBTC as Govt Stockbrokers
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE) – Nigeria’s Debt Management Office (DMO) Wednesday unveiled Stanbic IBTC Stockbrokers as Brokers to its Bonds on the Floor of the Nigerian Stock Exchange in Lagos Nigeria. Abraham Nwankwo, Director General, (DG) DMO, at the event said the appointment has given Stanbic IBTC permission […]
Nigeria’s debt profile may hit $25bn in 2015
The Debt Management Office gave an indication on Tuesday that the country’s total debt profile might hit $25bn by 2015. The figure covers both local and foreign borrowing. The Director-General of the DMO, Mr. Abraham Nwankwo, had met with the House of Representatives Joint Committee on Finance/Legislative Budget and Research/National […]
