Nigeria's Senate has approved the government's request to sell a $1 billion Eurobond to help the country finance its budget deficit, senate spokesman said. Nigeria is suffering its first recession in 25 years and needs to find money to make up for shortfall in its...

The Minister of Finance, Mrs Kemi Adeosun has sought approval from the Federal Executive Council (FEC) for the issuance of the USD1.00 Billion Eurobond in the International Capital Market (ICM) and the appointment of Transaction Parties responsible for the execution of the Programme. The Minister...