Nigeria Makes N4.2trn From Local Debt Market

Nigeria’s Debt Management Office (DMO) has generated N4.2 trillion in seven months through bond auction sales to fund the government’s 2023 budget deficit finance. Despite inflationary pressures, the debt office has maintained low spot rate pricing to keep funding costs low. It has also kept borrowings ahead of schedule. The DMO again exceeded its borrowing … Continue reading Nigeria Makes N4.2trn From Local Debt Market