Federal Government Set To Borrow $2.5bn To Meet 2017 Budget Deficit

The Federal Government has stepped up its aggressive borrowing measures as Debt Management Office, DMO, indicated that it would be raising additional USD2.5 billion (about N917 billion) through a fresh Eurobond offer in November 2017 Director-General of DMO, Patience Oniha, made this known at the 2017 edition of Nigerian Debt Capital Markets Conference and Awards, organised by the FMDQ OTC via IFTTT