DMO finalizes plan to restructure CBN’s N10trn overdrafts to govt’

DMO crosses N1trn Sukuk bond issuance as demand swells

Patience Oniha, director- general of DMO

The Debt Management Office (DMO) is working out the process of restructuring the well over N10trillion overdrafts of the Central Bank of Nigeria (CBN) for government financing to a long-term tenored debt. Like most Central banks, the CBN Act 2007 allows it to lend to the government through ways a

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