Federal Government Launches N450 Billion Bond Offer To Investors

Eko Hot Blog reports that the Federal Government is seeking to raise N450 billion from the investing public in a new debt issuance aimed at bridging government’s deficit and deepening the domestic capital market. According to The Nation, It was learnt last night that the Debt Management Office (DMO), which oversees the issuance and management … Read more

Nigeria’s Rising Dept Makes Me Worried About The Future Generations Says Obasanjo

Obasanjo

Former President Olusegun Obasanjo says rising debt makes him worried about the future generations who would have to pay such loans. Ekohotblog understands Olusegun Obasanjo stated this during his speech at “The Nigerian Story, Why I am Alive Campaign”, which held on Friday in Lagos. Obasanjo said as of 2015, Nigeria’s total external debt was … Read more