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The devaluation of the naira following the flexible exchange rate regime by the Central bank of Nigeria (CBN) and the plan to repay N560billion to bondholders will impede the Debt Management Office (DMO)’s plan to raise the N940 billion net domestic borrowing requirements in the 2016 budget, THISDAY finding has revealed. The DMO on Monday […]
DMO’s plan to raise N940bn from domestic market suffers setback
Source: Business