Patience Oniha, director-general of Debt Management Office (DMO).
The Debt Management Office (DMO) has announced plans to issue a N50 billion green bond aimed at supporting the Federal Government’s environmental sustainability initiatives.
The Director-General of the DMO, Patience Oniha, made this known during the official launch of the green bond held in Lagos. She explained that the new issuance is part of the government’s broader strategy to mobilise funds for projects that address climate change and promote a greener economy.
Oniha recalled that Nigeria made its debut in the green bond market in 2017, with the successful issuance of a N10 billion green bond.
According to her, the upcoming N50 billion green bond is intended to deepen the market, attract more environmentally conscious investors, and finance projects in sectors that support environment.
Details later…
Hope Moses-Ashike
Hope Moses-Ashike is an Associate Editor, Banking and Finance, with more than a decade of experience reporting on Nigeria’s financial system and broader economy. She closely tracks market movements, monetary policy decisions, company disclosures, regulatory actions, economic indicators, and global developments, and interprets what they mean for businesses, investors, policymakers, and households. Her reporting helps readers understand complex issues such as inflation trends, foreign exchange market dynamics, interest rate decisions, bank performance, and investment risks.
She also covers major international events and periodically travels to Washington, D.C., to report on the World Bank/IMF Spring and Annual Meetings.
Her dedication to financial journalism has earned her multiple recognitions and invitations to high-level professional development programmes. She is an alumna of the International Visitors Leadership Programme (IVLP) in the United States and holds an Advanced Financial Journalism Certificate from the Press Association Training in London, UK. Her other notable achievements include completing the Lagos Business School CMC Programme, the Bloomberg Media Africa Initiative Programme, and a Master Class in Journalism at Rhodes University in South Africa.