Auction Archives — City Business News

December 6, 2023 No Responses

DMO Auctions N360b FGN Bonds

The Debt Management Office (DMO), on Tuesday announced the offer for subscription of four Federal Government of Nigeria (FGN) bonds valued at N360 billion through auction. According to a statement issued by the DMO, the first offer is April, 2029...

July 19, 2022 No Responses

DMO Raises N123b In July FG Bond Auction

The Debt Management Office (DMO) has raised N123.85billion in its July Federal Government of Nigeria (FGN) bond auction. A statement issued by DMO on Monday explained that the three instruments auctioned were valued at N75 billion each, totalling N225 bi...

March 16, 2022 No Responses

FRSC To Auction Impounded Vehicles

The Bauchi State Sector of Federal Road Safety Corps (FRSC) has disclosed that all the vehicles impounded in the past six months for various offences will soon be auctioned to the public. Mr Rilwanu Suleiman, Sector Head of Public Enlightenment,...

February 12, 2022 No Responses

DMO Auctions N150b FGN Bond

The Debt Management Office (DMO) on Friday offered for auction, two separate Federal Government of Nigeria (FGN) bonds at N75 billion each. The DMO in its website, announced that the bonds are N75 billion, 10-year re-opening FGN bonds at 12.5 per...

January 21, 2022 No Responses

DMO’s Bond Auction Records N300b Over Subscription

The Debt Management Office (DMO) has revealed that the just concluded Federal Government of Nigeria (FGN) bond auction for January was oversubscribed. In a statement on Thursday, DMO explained that the auction received a total of 160 bids, adding that...

November 7, 2021 No Responses

Nigeria To Auction 5G Spectrum Dec 13, Explains Criteria

By citybusinessnews@yahoo.com — Auction of the 3.5 Gigahertz (3.5 GHz) spectrum for the deployment of Fifth Generation (5G) technology in Nigeria will take place on December 13, 2021, the Nigerian Communications Commission (NCC), disclosed on Satu...

November 23, 2020 No Responses

Lagos Auctions 44 Vehicles For Driving Against Traffic

The Lagos State Task Force on Environmental and Special Offences have auctioned 44 vehicles for driving against traffic (one-way) in various parts of the state. The News Agency of Nigeria (NAN) reports that the auction was in accordance with the...

August 28, 2020 No Responses

Customs Auctions 314 Vehicles

The Nigeria Customs Service (NCS) has so far auctioned 314 vehicles through its E-Auction platform. The Customs’ Public Relations Officer, Mr Joseph Attah, explained in a statement on Friday that the total reserved bid amount was N87.9 million while.....

March 20, 2019 No Responses

Nigeria To Auction N100b Bonds

The Federal Government of Nigeria will auction by subscription N100 billion worth of bonds on March 27, 2019. The Debt Management Office (DMO) in a circular on its website on Tuesday explained that the five-year re-opening bonds of N40 billion...