DMO Surpasses Borrowing Target by 58%, Raises N1.9trn

Nigeria’s Debt Management Office (DMO) has raised N1.9 trillion for the government through the issue of bonds instruments in less than three months of the fiscal year 2023, exceeding 58% of the agency’s initial plan. The money generated thus far this year is intended to cover the budget shortfall caused by the government’s earnings falling … Continue reading DMO Surpasses Borrowing Target by 58%, Raises N1.9trn