- Peter Obi urges Nigeria to adopt South Africa's transparent model for borrowing practices.
- Nigeria's government relies on local currency borrowing to fund its obligations.
- Nigeria relies on central bank financing via Ways and Means and DMO management amid weak revenue and currency decline.
- Nigeria issued bonds to fund national debt requirements while struggling to reconcile liquidity surplus with currency pressure.
Lagos State and the Federal government are listing bonds in Nigeria using the Debt Management Office.
1 report, 1 independent
Updated Jul 21
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What happened
Lagos State and the Federal government are listing bonds in Nigeria using the Debt Management Office.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The Debt Management Office reported on the state of debt management, specifically concerning Lagos State, as governors managed state debt burdens.Sub-event
Lagos State and DMO are listing bonds for the Nigerian government.1 source
Keep exploring
The entities involved
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Nigeria
sovereign state in West Africa
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Debt Management Office
nigeria’s public debt manager
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Lagos
largest city and former capital of Nigeria
Related events
- AFC advised the Nigerian federal government on a bond transaction.
- Nigerian banks held commercial debt obligations, and the government expanded commercial financing for infrastructure via syndicated loans.
- Federal government agencies are operating within Nigeria.
- The Federal Government of Nigeria partners with a state government.
- Lagos State implemented new regulations within Nigeria in June 2023.