Dmo appoints csl as new stockbrokers to fgn
It appears that you are referring to a recent news article or announcement. Here's a breakdown of the information:
- DMO stands for Debt Management Office, which is a government agency responsible for managing Nigeria's debt portfolio.
- CSL stands for Chapel Hill Denham, a leading investment banking and asset management firm in Nigeria.
- FGN stands for Federal Government of Nigeria.
According to the announcement, the Debt Management Office (DMO) has appointed Chapel Hill Denham (CSL) as a new stockbroker to the Federal Government of Nigeria (FGN). This means that CSL will now be responsible for managing the FGN's portfolio of shares and other securities on the Nigerian Stock Exchange (NSE).
As a stockbroker, CSL will be responsible for buying and selling shares on behalf of the FGN, as well as providing investment advice and other related services. This appointment is likely to be a significant development in the Nigerian capital market, as it will provide the FGN with a new partner to help manage its investments and achieve its financial goals.
It's worth noting that this appointment is subject to regulatory approval and other necessary formalities.