Porn video interrupts Nigeria’s investors call on dollar funding

 Business News   (BisTech)

Porn video interrupts Nigeria’s investors call on dollar funding

Lagos, FCT attracted $3bn foreign investments in Q1 2024 | 34 states recorded zero

BY Busola Aro


August 15, 2024 11:25 PM

   

A pornography video clip, on Thursday, interrupted an investors’ call organised by Nigeria’s Debt Management Office (DMO) to secure dollar investments.


The incident occurred during a hybrid roadshow for the federal government’s dollar-denominated domestic bond.


The incident, which came across as bizarre and embarrassing, has been linked to “hackers”.


“They hacked and showed porn on the Zoom call Nigeria had with investors for dollar funding?” an X user had posted on the social media platform on Thursday.


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The DMO is yet to issue a statement on the matter.


However, an attendee who also confirmed the event to TheCable, said the video played for 10 seconds before the online session was disconnected.


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The source said the video showed a man engaging in a sexual activity with an anal kit.


He said the act “was loud and the graphic nature of the content caught everyone off guard”.


The meeting, which was aimed at discussing the prospects of the federal government’s $500 million domestic bond, had in attendance investors, analysts, bank officials, and government stakeholders.


The bond is set to be issued on August 19, the government said.


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Speaking at the event, Wale Edun, minister of finance and coordinating minister of the economy, said the country, alongside its financial advisors, is ready to launch the bond.


Edun said the initiative is aimed at raising a minimum of $500 million from both local and international investors, marking a significant step in Nigeria’s ongoing economic reform and development efforts.


Edun stated further that the bond issuance, which is set to leverage the Nigerian financial system, including the Securities and Exchange Commission (SEC), the banking system, and investment bankers; represents a critical effort to attract foreign currency held by Nigerians abroad, as well as other international investors who believe in the macroeconomic reform initiatives spearheaded by President Bola Ahmed Tinubu.


“In the financial market, you never know. When you wake up and you see an event that helps the issue, you will take advantage of it,” the minister said.


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“But we can assume that we are imminently about to launch.”


Edun also said the government is “eagerly looking forward to not just the funds but the experience of Nigerians taking leadership in this all-important area”.

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TheCable


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Related Post

Lagos, FCT attracted $3bn foreign investments in Q1 2024 | 34 states recorded zero

Porn video interrupts Nigeria’s investors call on dollar funding

 


FG launches $500m domestic bond, auction to begin on Monday

 

DMO offers N300bn FGN bonds for N1,000 per unit

DMO offers two FGN savings bonds for subscription at N1000 per unit

 

DMO offers N300bn FGN bonds for N1,000 per unit

DMO offers N300bn FGN bonds for N1,000 per unit

 


Shin Alex Otti ya ciyo rance fiye da gwamnonin Abia da suka gabata a shekara guda?

 


Di moni wey Alex Otti borrow for one year pass wetin former Abia govnors borrow?

 

Alex Otti ò bìrì égo n’ótù áfọ̀ kárị́á gọ́vanọ̀ ńdị́ ọzọ chị́bụ́rụ́ Abia?

 

Nje owo ti Alex Otti ya laaarin odun kan ju owo ti awon gomina Abia atijo ya?

 

DMO offers two FGN savings bonds for subscription at N1,000 per unit

 

DMO: New borrowing, Ways and Means increased Nigeria’s debt by N24.3trn

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