Is Nigeria's External Debt of Investment Grade?

Monday, 26 September 2016 14:58

As Nigeria reforms, restructures and strategizes towards pulling back the economy unto a path of inclusive and sustainable growth, it is useful to pay detailed attention to the sectors and subsectors. This is because while summary pictures succeed in showing the prevailing conditions, the secrets to the various pieces of the solution lie in the details. That is, appropriate disaggregation is good for effective diagnostics, analytics and strategics, as well as for understanding investor calculus.

Debt Management: Panacea to Economic Evolution

Friday, 19 August 2016 13:47

The promise of Change by the President Muhammadu Buhari-led administration is one that should take a holistic approach to curb the issue of unemployment and investment in the country. So it was not unexpected, when on June 20, 2016,

SEC, DMO Partner On Issuance Of First Sovereign Sukuk

Friday, 19 August 2016 02:05

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 SEC Director General, Mr. Mounir Gwarzo. It would be recalled that in November last year, the DMO Director General, Dr. Abraham Nwankwo, paid a courtesy call on Mr. Mounir Gwarzo during which the two chief executives agreed to reinforce partnership to deepen the domestic bond market. The latest visit, the second meeting in less than three months, is a clear sign of a closer working relationship the two government agencies now enjoy.

DMO Set TO Appoint Financial, Legal And Technical Advisers For Eurobond

Tuesday, 09 August 2016 13:54

As part of the planned FG's Medium Term Note (FGMTN) Programme (2016-2018), the Debt Management Office (DMO) has commenced the process of appointing two international banks as joint lead managers and a local bank as financial adviser for the issuance of $1 billion out of the $4.50 billion FGMTN programme in 2016.

Nigeria's Response to J.P. Morgan's Announcement on GBI-EM Index

Tuesday, 08 September 2015 13:27

The attention of the Federal Ministry of Finance (FMF), Central Bank of Nigeria (CBN), and the Debt Management Office (DMO) has been drawn to today’s announcement of the decision by J. P. Morgan to phase out Nigeria from its Government Bond Index for Emerging Markets (GBI-EM). While we respect the right of the J.P. Morgan to make this decision, we would like to strongly disagree with the premise and conclusions upon which the decision rests.

Report on Study Tour to the Debt Management Office Nigeria (DMO) by some African Countries

Friday, 31 July 2015 00:00

The DMO has since 2005 received requests from various African countries - Uganda, Sudan, Zambia and Zimbabwe for their Debt Management Offices, Central Banks and National Planning to learn from Nigeria’s experience in public debt management practice since the establishment of the DMO.

View full report in attachment below.

pdf ReportZonZStudyZTourZtoZDMO (23 KB)