Tag: eurobond

According to the finance minister, Nigeria is attracting strong interest from investors and development finance institutions as it considers options ...

Subscription to the offer is up for grabs on the basis of “first-order priority to a maximum of one hundred ...

The country suspended payments on its Eurobond, commercial term loans, and on most of its bilateral debt, a week after ...

The bank repurchased $310.9 million of the notes in 2021, and the outstanding portion of $189.1 million and the coupon ...

The government will also borrow locally to support the spending.

Shares in UBA jumped 0.59 per cent, trading at N8.45 per share at 12:25 WAT on Monday following the news.

Fidelity Bank was able to assemble such a strong team of JLMs due to the bank’s reputation for world-class corporate ...

Nigeria is expected to raise up to $3 billion (1.2 trillion) but no more than $6.2 billion.

Mr Saraki said the break would allow committees of the senate to carry out oversight functions.

The Senate last week approved the same amount

The money will be used to refinance the balance of $500 million matured Eurobond in the International Capital Market.

"In my view, what the plan to float the bond portends for the economy is that the Federal Government is ...

Interest payment on document debts against the share of government revenues at the current rate is not sustainable, an official ...

The Senate agrees to look at the allegation on Tuesday.

The Agency says the Eurobond issuance will complement the 1.5 billion dollars raised from the international market in March 2017

The Minister of Finance, Kemi Adeosun, told reporters that the next steps in relation to the issuance will be released ...

The bond issue was over-subscribed almost eight times.

The Eurobond is part of the country’s plans to borrow a total of N1.8 trillion ($5.8 billion) from abroad and ...

Power and road projects were also approved

The latest proposal follows the successful performance of the country’s $500 million debut Eurobond last year. The meeting of the ...