DMO to auction N800bn bonds at N1,000 per unit
The Debt Management Office has announced a public offer of three Federal Government bonds worth N800 billion, priced at N1,000 per unit. The offer includes a N400 billion bond at 17.95% interest maturing in 2032, alongside two others valued at N300 billion and N100 billion with yields close to 20 percent. According to the agency, […]
Lagos sets record as investors oversubscribe N214.8bn bond issuance
Lagos State has achieved a major financial milestone after investors oversubscribed its N214.8 billion bond issuance, signaling strong trust in the state’s economic direction and governance. The state government revealed that the response from institutional and private investors far exceeded expectations, showing continued confidence in Lagos as a reliable investment destination. According to reports, the […]