Tag: dmo

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.

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.

This is how Islamic Finance is gaining traction and changing attitudes in Nigeria

Islamic Finance instruments are gaining ground in Nigeria with the Debt Management Office (DMO) of Nigeria listing a second N100 billion Sukuk bond this year. But perception issues still exist on Islamic finance instruments. To discuss how best to change the attitudes to Islamic finance in the country, Adeola Sunmola, Partner at Udo Udoma & Belo Osagie and Ummahani Amin, Managing Partner at Metropolitan Law firm join CNBC Africa for more.

Investor sentiment remains strong for longer-dated bonds: A review of Nigerian markets

The Central Bank of Nigeria (CBN) offered N250 billion worth of Treasury Bills for subscription today. For a focus on Nigeria’s money market, Tunde Adama, Head of Trading at CITI Nigeria joins CNBC Africa for more.