eurobond

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    Business Federal Government considering $2.5 billion Eurobond raise – Nairametrics

    Director-General, Debt Management Office The Federal Government (through the Debt Management Office DMO) may be considering a $2.5 billion Eurobond in the first quarter of this year. Director-General of the DMO, Patience Oniha disclosed this in an interview with Bloomberg. This is dependent on...
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    Business Why Nigerian Bonds Are So Popular Now

    Nigerian bonds are proving hugely popular among investors despite the country's economy shrinking by 1.5% in 2016, its first annual contraction in 25 years. Despite Boko Haram jihadists in the north-east and by unrelated militants’ attacks on oil facilities in the Niger delta, investors don’t...
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    Business FG Begins Plans To Borrow N1.8trn, Shortlists Banks For $1bn Eurobond Sale

    The Debt Management Office (DMO) has a short list of banks to manage its planned $1 billion Eurobond sale, Reuters quoted an official of the debt office to have said. The Eurobond is part of Nigeria’s plans to borrow a total of N1.8 trillion ($5.8 billion) from abroad and at home to fund an...
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    Business President Buhari Approves Borrowing From World Bank, China, Others

    President Muhammadu-led federal government has approved plans for external borrowing from the World Bank, China and Japan. Nigeria will take on debt from institutions including the World Bank, African Development Bank, Japan International Cooperation Agency and Export-Import Bank of China...
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