Tag: Debt Management Office

What to expect from Nigeria’s money markets in second half of 2020

It is the first day of July and this month’s activities at Nigeria’s fixed Income market will begin with a Treasury Bills auction as the Debt Management Office intends to rollover a total of 88.8 billion naira across the standard tenors. So what can we expect from the market in the second half of the year? Constance Onyia, Fixed Income Dealer at Access Bank joins CNBC Africa for more.

Understanding Nigeria’s debt strategy

Nigeria's Debt Management Office says it reappraised its borrowing plans and now hopes to raise an earlier approved external borrowing of 850 billion naira from domestic sources. Dipo Ajayi, Head of Fixed Income and FX at Chapel Hill Denham joins CNBC Africa to assess Nigeria's debt strategy.

Nigerian markets await DMO April bond auction

Traders say Nigeria’s April bond auction may not hold on the back of Nigeria's 14-day lockdown but adds that the Debt Management Office would keep paying this month’s coupons. Bankole Odusanya, Head of Fixed Income trading at UBA joins CNBC Africa for this discussion.

UBA’s Bankole Odusanya breaks down Nigeria’s bond auction

Bankole Odusanya, Head of Fixed Income Trading at United Bank for Africa (UBA) joins CNBC Africa to discuss investors’ response to bond auction by Nigeria’s Debt Management Office.

Nigeria to delay non-critical spending, defer Eurobond sale

Minister Zainab Ahmed told journalists in Abuja that Africa’s largest economy will prioritize “major capital expenditures.”

Reviewing Nigeria’s debt strategy

The Director-General of Nigeria’s Debt Management Office, Patience Oniha says Nigeria plans to talk to concessionary lenders for about $2.8 billion external borrowings for the 2020 budget. Nnamdi Nwizu, Co-Managing Partner at Comercio Partners joins CNBC Africa for more on some of the plans raised.

DMO: Foreign investors cut participation in bond market in 2019

Nigeria’s Debt Management Office says foreign investors cut their participation in Nigerian government bond auctions last year, buying just 4.39 of all bonds issued compared with 10.99 per cent bought in 2018. Ifueko Olotu, Team Lead, Treasury Coverage at Access Bank joins CNBC Africa for more.

Emmanuel Odiaka on what will shape Nigeria’s money markets in 2020

Emmanuel Odiaka, Managing Director and CEO of ECOB Capital says the first quarter bond calendar by the Debt Management Office, implementation of Nigeria's new minimum wage and a possible reversal of subsidy on Premium Motor Spirit are some factors that could shape trading at Nigeria's fixed Income and Forex Market this year. He joins CNBC Africa's Esther Awoniyi for more.
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