DMO blames glitches for delay in FGN coupon payment …C0NTINUE READING HERE >>>
The Nigerian government-owned, Debt Management Office, DMO has blamed the recent delay in coupon payments to savings bond subscribers on system and processing issues.
This is according to a report from Bloomberg on Friday.
DAILY POST reports that the first coupon payment on the two-year and three-year debt instruments, through which the government raised N4.2 billion in June, was due on Sept. 12 but has remained unpaid.
Reports showed that this marks the second consecutive delay in…
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