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  • September 7, 2016

F.G To Raise 120 Billion Naira At Bond Auction

Hamilton Nwosa
Writer

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Why Africa’s Security Needs Urgent Attention, Gambari Offers Insights

In a powerful goodwill message at the inaugural African Chiefs of Defence Staff Summit in Abuja, eminent Scholar-Diplomat and former Nigerian Foreign Affairs Minister, Professor Ibrahim Agboola Gambari, issued a clarion call to redefine Africa’s security framework to secure sustainable peace and stability. Speaking at the summit, themed “Combating Contemporary Threats to Regional Peace and…

August 31, 2025 • News

Dangote Group mourns as Phyna’s sister Ruth Otabor Dies after truck accident

By Obinna Uballa The Dangote Group has expressed deep sorrow over the death of Mrs. Ruth Otabor, sister to Big Brother Naija Season 7 winner, Ijeoma “Phyna” Otabor, who succumbed to injuries sustained in a recent accident involving one of the company’s trucks in Auchi, Edo State. In a statement on Sunday, the company said…

August 31, 2025 • News

How Szoboszlai’s Stunner Sunk Arsenal in Liverpool Triumph

Liverpool on Sunday defeated Arsenal in a 1-0 victory at Anfield Stadium. Liverpool secured all three points after Dominik Szoboszlai scored a stunner from a 30-yard free-kick. This means that Liverpool maintained their perfect start to the 2025-26 Premier League season. The New Diplomat reports that the match was a tense affair, with Arsenal’s defense…

August 31, 2025 • Sports

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The Federal Government is set to raise 120 billion Naira at a bond auction on September 14, 2016.

According to the Debt Management Office, 40 billion Naira each will be raised from debts maturing in 2021, 2026 and 2036, using the Dutch Auction System.

The Federal Government has estimated it will borrow around 900 billion from the local debt market this year to fund a budget deficit projected at 2.2 trillion Naira.

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