Tag: FGN
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DMO auctions 4 FGN bonds valued at N360bn
The Debt Management Office (DMO), on Tuesday announced the offer for subscription of four Federal Government of Nigeria (FGN) bonds valued at N360 billion through auction. According to a statement issued by the DMO, the first
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FG set up NRDS to boost rice production in the country
In a bid to ensure surplus rice production for export, food security and job creation, the Federal Government of Nigeria (FGN) has inaugurated the National Rice Development Strategy-II (2020-2030) and the Competitive African Rice Platform in the country.
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DMO to auction 3 new FGN bonds valued at N225bn in April
The Debt Management Office (DMO) has offered three new Federal Government of Nigeria (FGN) bonds valued at N225 billion for subscription through auction in April. They are an N75 billion FGN bond at a 13.5 per cent interest rate, due in March 2025 (10-year re-opening) and an N75 billion FGN bond, due in April 2032…
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Economy: FGN as unrepentant saboteur By Henry Boyo
The IMF concluded its review of Nigeria’s economic policies, in line with its Article IV Consultations, by 30th July 2017, and warned that although Nigeria’s economy might just grow marginally this year, the threat to full recovery still remained elevated, while the economy is also unlikely to grow sufficiently, to reduce unemployment and poverty. The…