Nigeria’s DMO stages roadshows, engages global investors in New York, London

Nigeria’s Debt Management Office (DMO) is organizing investors’ meetings, deal roadshows and non-deal roadshows with global investors in New York, United States and in London, UK.

The meetings are anchored by the Minister of Finance, Mr Olawale Edun with full participation by the Central Bank of Nigeria (CBN) at very high levels.

The roadshows and meetings which began on September 18, will end on September 25.

The multi-faceted programme include release dry-run, real investors’ meetings featuring London Stock Exchange, fixed income and equity investors, and a Nigerian delegation.

The last Global Investor meeting was held in October 2022.

It said:“Given the significant developments in the macro-space since May 29, 2023, particularly the removal of PMS subsidy and unification of the Naira exchange rate, their attendant effects and diverse interpretations by analysts and experts, it is important that Nigeria should tell its own story – clarify and provide the facts.

“It would also be an opportunity to share the fiscal plans of the current administration and the direction of monetary and foreign exchange policies.

“The major benefit of the event is to re-assure investors, (FDIs and FPIs) by presenting the facts and responding to their enquiries/concerns and to enable a more factual assessment of Nigeria by analysts and rating agencies.’’