By InvestAdvocate Lagos (INVESTADVOCATE)- Abraham Nwankwo, director general (DG) of Nigeria’s Debt Management Office (DMO) on Tuesday said that about N1.884 trillion expected to be borrowed in the 2016 budget will be dedicated to fund capital projects. Nwankwo made this disclosure at a one-day workshop by DMO on “Public Debt […]
Tag: Abraham Nwankwo
SEC, DMO to Collaborate on Issuance of Nigeria’s First Sovereign Sukuk
January 19, 2016/SEC The aspiration for issuing Nigeria’s first sovereign sukuk received a huge boost yesterday as the Securities and Exchange Commission (SEC) and the Debt Management Office (DMO) committed to strengthen collaboration towards realizing that goal. This was the major outcome of the visit to the DMO by the […]
Nigerian President Wants Diaspora Bond Tripled to $300 Million
Nigerian President Goodluck Jonathan asked lawmakers to raise the ceiling for the country’s diaspora bond to $300 million from $100 million because he anticipates higher subscriber interest than initially thought. “There is an indication that the $100 million could be inadequate relative to the demand expected from investors for the […]
