As the Federal Government begins the process of borrowing from the international markets, by way of floating $1 billion Eurobonds, all eyes are on the relevant authorities for proper utilisation of the bonds The Debt Management Office (DMO) on behalf of the Federal Government has commenced bids for the engagement of two international banks as joint lead managers and a ...
Read More »Tag Archives: DMO
New Debt Management Strategy unveiled
The Federal Government has unveiled a new debt management strategy to run from 2016 to 2019 with a marginal increase in external borrowing, increased commitment to capital projects execution and long as against short term borrowing. Director General of the Debt Management Office (DMO), Dr. Abraham Nwankwo, revealed the three-year debt management strategy on Monday in Abuja. According to Nwankwo, ...
Read More »Nigeria’s debt management model enthuses Africa
The Nigerian Debt Management Office (DMO), touted as a model in Africa, has become a major destination for out-sourced debt management skills and services in nearly two decades of its existence. The DMO under the leadership of Dr. Abraham Nwankwo has been galvanised to become a leading player in sub-Sahara Africa. And the achievements it has recorded so far has ...
Read More »DMO facilitates bailout for 23 states, restructures N575 billion debts
The Debt Management Office (DMO) has helped to facilitate bailout for 23 states of the federation by working out an arrangement under which their domestic debts were restructured for repayment over a much longer period. Director General of DMO, Dr. Abraham Nwankwo, disclosed this on Friday while speaking at a workshop for online publishers organised in Lagos by the Agency. ...
Read More »Nigeria debt management template excites African countries
In its nearly two decades of existence, Nigeria’s Debt Management Office (DMO) has not ceased to attract public interest in the discharge of its statutory duties. Coming at a time when the country was battling with stifling foreign and local debt, it was natural that the attention of the world was glued to the DMO from its inception in 2000. ...
Read More »