Recent report published by the National Bureau of Statistics revealed that Nigeria’s public debt stock which includes external and domestic debt moved from N35.46 trillion (US$86.57 billion) in Q2 2021 to N42.84 trillion (US$ 103.31 billion) in Q2 2022. Of this, external debt stood at N13.71 trillion (US$33.46 billion) in Q2 2021 and increased to N16.61 trillion […]
09
NovIt was a bearish session on the floor of the Nigerian Exchange on Tuesday as The All Share Index dropped by 1.82% to close at 43,461.60 points from the previous close of 44,269.43 points. The Market Capitalisation declined by 1.82% to close at N23.672 trillion from the previous close of N24.112 trillion, thereby shedding N440 billion. The[…]
The Debt Management Office on behalf of the Federal Government, has announced the offer for a subscription to the November 2022 Federal Government Savings Bond. According to DMO, the Savings Bond are in two tranches: 2-year and 3-year savings bonds, with interest rates of 12.492% and 13.492% respectively. The opening date for subscription was November 7th, 2022 and[…]
