Category: Bond Market

FMDQ Kicks Off the Year with the Commemoration of the Listing of Sterling Investment Management SPV PLC Bond

L-R: Mr. Niyi Omojola, Partner, Head of Investment Banking Nigeria, Constant Capital Partners Limited, Mr. Bola Onadele. Koko, Managing Director/CEO, FMDQ OTC Securities Exchange, Mr. Abubakar Suleiman, Managing Director/CEO, Sterling Bank PLC, during the signing of the Bond Listing Register at the Listing Ceremony for the Sterling Investment Management SPV PLC Bond at Exchange Place, Lagos.For the past five (5)…

DMO reassures stakeholders over $500m Chinese loan that ‘No reason to panic’

The Debt Management Office (DMO) has reassured the Nigerians that there is no risk of default on the 500 million US dollars loan expected from China. The department gave the reassurance in a statement on Tuesday in Abuja. DMO’s statement is in reaction to public concern following the announcement at the Forum on China-Africa Cooperation summit that…

DMO grow FGN’s debt to N15.02trn through treasury bills issue

The Federal Government through Debt Management Office (DMO) raked in a total of N15.02 trillion through treasury bills between 2013 and 2017,according to  the DMO’s 2017 Annual Report and Statement of Accounts released a few days ago. The reports further disclosed that besides, government’s outstanding treasury bills debt as at 2013, 2014 and 2015, stood…