All posts tagged "Nigeria debt"
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President Jonathan Seeks MTEF Amendment for Additional $200 million Debt
President Goodluck Jonathan has requested for the amendment of the $7.905 billion 2012-2014 Medium Term External Borrowing Plan. The president wrote to the National Assembly to that effect, saying the plan should include $200m. The letter was...
- Posted November 21, 2012
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Debt Burden: FG Nurses a $9.3bn External Borrowing Plan
The Federal Government under its 2012-2014 Medium Term External Borrowing Plan forwarded a request to the National Assembly for consideration and approval for its portfolio of concessionary loans totaling $9.3 billion. The proposal comprises of an earlier...
- Posted November 6, 2012
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Debt Management Office sells N75 Billion Bonds
The Debt Management Office (DMO) on Thursday acquired N75 billion from the sale of bonds due to mature in 2017, 2019 and 2022. The duration for the debt instruments issued was for 5 years to mature in...
- Posted October 19, 2012
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Lawmakers move to Place Ceiling on Government Borrowing
Lawmakers in Abuja, concerned with the country’s skyrocketing debt profile have sought to ensure the introduction of legislation that controls the borrowing of the executive. The National Debt currently stands at N 6.5 trillion or $ 40...
- Posted March 28, 2012