N4trn Budget Deficit: Presidency seeks approval for $500m eurobond

The Presidency on Wednesday sought the approval of the National Assembly to raise additional $500 million eurobond from the international capital market. The fund, according to the Acting President, Yemi…

 
Read More

Why Nigeria was left with little choice but to do a $1 billion eurobond deal – Feyi Fawehinmi

And so it was that, after a four-year hiatus, Nigeria returned to the Eurobond market with a $1 billion offering that ended up being almost eight times oversubscribed after a…

 
Read More

Nigeria returns to debt markets with $1bn Eurobond

Nigeria has successfully gone to the bond markets in an effort to get infrastructure investment back on track as a rising oil price and government promises on reform have improved…

 
Read More

Nigeria to Start Bond Roadshow, Seek Loan From World Bank

Nigeria will soon meet investors before a Eurobond sale and plans to apply for a $1 billion loan from the World Bank once lawmakers approve this year’s budget, Finance Minister…

 
Read More

Nigeria’s Euro-bond appreciates, Naira Value Depreciates as CBN forex sale drop by 25% …

THE Central Bank of Nigeria (CBN) last week reduced its weekly foreign exchange sale to banks by 25 percent, even as prices of Nigeria’s Eurobond rose amid renewed investor’s interest….

 
Read More

Nigeria has commitments for $500 mln of its planned Eurobond

Nigeria has $500 million of commitments for the planned $1 billion eurobond it intends to issue before the end of the year and any decision to increase the size of…

 
Read More

S&P Downgrades Nigeria Further as Oil Woes Worsen

S&P Global Ratings downgraded Nigeria further into junk territory just as Africa’s most populous nation prepares to issue its first Eurobond since 2013, amid low oil prices and severe shortages…

 
Read More

Page 1 of 1

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password