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Nigeria’s Debt Management Office

Nigeria targets N460bn as DMO reopens local bond issuance

Nigeria’s Debt Management Office (DMO) is set to open fresh subscriptions for Federal Government bonds, targeting N460 billion from the domestic market as authorities intensify local borrowing to sustain fiscal financing needs following a successful return to the Eurobond market in the fourth quarter. According to the auction circular, the DMO plans to raise N230 […]