In an embarrassing turn of events, a pornographic video clip on Thursday interrupted a crucial investors’ call organized by Nigeria’s Debt Management Office (DMO).
The incident occurred during an online session that aimed to discuss the prospects of the federal government’s $500 million domestic bond and the security of dollar investments for the domestic bond.
Investors, analysts, bank officials, and government stakeholders attended the call, when the video clip played for about 10 seconds before the session was abruptly disconnected.
The DMO has yet to state the incident, which has been linked to hackers.
A source told TheCable that the clip featured explicit content, which caught attendees off guard due to its graphic nature and volume.
The roadshow was expected to highlight Nigeria’s economic reform and development efforts, with the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, emphasizing the government’s readiness to launch the bond.
The initiative aims to raise a minimum of $500 million from local and international investors, marking a significant step in Nigeria’s ongoing economic reforms.
Edun further explained that the bond issuance is designed to leverage the Nigerian financial system, including the Securities and Exchange Commission (SEC), banking systems, and investment bankers.
The government is mainly focused on attracting foreign currency held by Nigerians abroad and other international investors who support the macroeconomic reform initiatives led 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,” Edun remarked during the session, despite the disruption.