External Reserves News Today

Atiku Abubakar has criticised President Bola Tinubu's directive to allow the CBN to control crude oil sales proceeds from the NNPCL.

Data from the Central Bank of Nigeria shows that Nigeria's external reserves declined by $915 million after CBN floated the currency and liberalised Forex.

Doha: Minister of Environment and Climate Change, H E Sheikh Dr. Faleh bin Nasser bin Ahmed bin Ali Al Thani yesterday visited the 6th Katara Internat...

The approval followed the consideration of a report by the Committee on Local and Foreign Debts.

This DMO stated this on Tuesday in a press statement put on its website, titled ‘DMO publishes total public debt for Q3 2021.’

The debt increased by N2.540 trillion between July and September. | Pulse Nigeria

Nigeria’s public debt rose to N38.005 trillion (USD92.626 billion) at the end of Q3, September 30, 2021, according to data published by the Debt

The Debt Management Office (DMO) says Nigeria’s total public debt hit N38.005 trillion at the end of the third quarter (Q3) of 2021.

Views: 162 The Senate on Tuesday received a request from President Muhammadu Buhari to raise the sum of N2,343,387,942,848 from multilateral and bilateral lenders, as well as the International Capital Market (ICM) through the issuance of Eurobonds.  The amount which is equivalent to USD$6, 183,081,643.40 at the Budget Exchange Rate of USD$1/N379, is captured as New External Borrowing in the 2021 Appropriation Act (Item No.330), and meant to part-finance this year’s Budget Deficit of N5.602 t...

Nigeria redeems $500m Eurobond By Emma Ujah, Abuja Bureau Chief The Debt Management Office (DMO) has announced that Nigeria’s 6.75% $500M JAN 2021 Eurobond, which matured on January 28, 2021 (yesterday) will be redeemed. For this purpose, funds have been made available by the Federal Government of Nigeria to the Fiscal Agent to repay the principal sum of $500 million and final interest payment due on the Eurobond. The DMO said in a statement, yesterday, “By this development, Nigeria continu...