Saturday 22 February 2020
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vanguardngr - 9 days ago

Proposed $3.3bn external borrowing is to finance 2020 budget, Eurobond ― DMO

By Elizabeth Adegbesan The Debt Management Office (DMO) has clarified that the proposed $3.3 billion external borrowings is meant to finance part of the 2020 budget deficit of N2.18 trillion and refinance the federal government’s Eurobond maturing in January 2021. The DMO disclosed this yesterday in a press statement released on its website. In December
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