Wednesday 23rd October 2019
Wednesday, 23rd of October 2019
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Tag Archives: DMO

Eurobonds offer succour for budget financing

Dr. Abraham Nwankwo

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 ...

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New Debt Management Strategy unveiled

Dr. Abraham Nwankwo

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, ...

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Nigeria’s debt management model enthuses Africa

Dr. Abraham Nwankwo

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 ...

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DMO facilitates bailout for 23 states, restructures N575 billion debts

DMO officials at the workshop

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. ...

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Nigeria debt management template excites African countries

Godwin-Emefiele-Bella-Naija

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. ...

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