DMO, FMDA Empower Journalists

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Nume Ekeghe

The Debt Management Office (DMO) in collaboration with the Financial Markets Dealers Association of Nigeria (FMDA) yesterday held a workshop for financial journalists.

The initiative was part of the FMDA’s corporate social responsibility.

The workshop which was the second in this series, previously held in Abuja.

It brought facilitators and market operators who shared insights on activities in the fixed income securities market.

Speaking at the opening ceremony, the Director General, Ms. Patience Oniha, in her opening remarks said the workshop was aimed at improving journalists’ knowledge, to impact positively on the society.

Oniha said: “This event is in collaboration with the financial market FMDA and FMDA has always been stakeholders with the DMO. “This training would familiarise you with what they do with us and what we do with them. Technically, they are our face in the domestic debt market and they relate with all the other investors the DMO engage with.

“We are grateful they are hosting this event and this event is entirely at their cost as part of their CSR”

On what lead to the workshop, she added: “From our experience, we realised that while some of you are familiar with equities, but when it comes to that big language of fixed income securities because it is somehow for large investors, trading is done by FMDQ and is they tend to be talking above us often. So, we decide to address this.”