DMO Commemorates Eurobond, Sukuk Listings On NGX   The Debt Management Office has leveraged the closing gong ceremony of Nigerian Exchange Limited to commemorate the listing of a triple-tranche $4bn Eurobonds, $1.25bn Eurobonds and the N250bn Sukuk on the Exchange. The event, which took place on Thursday,...

Yield On Nigeria’s Eurobond Prices Hit 13.76% High   Data by the Debt Management Office (DMO) has revealed that yield on the 13 tracked Nigeria's Eurobond prices has continued to dwindle as yield continued to skyrocket, hovering around 8.33 per cent and 13.76 per cent. A Eurobond...

FG Suspends $950m Eurobond Borrowing Over Pricing   The Federal Government has shelved plans to raise about $950m selling overseas bonds, owing to unfavourable market conditions during the time frame approved for the fundraising, The Minister of Finance, Zainab Ahmed, has said. Ahmed had said in April...

Stock Exchange Records N3.4trn Listings In Q1, 2021   The Nigerian Exchange (NGX) listed new securities worth about N3.4 trillion in the first quarter. The new listings included a $4 billion Eurobond issued by the Federal Government. Listing report provided by the NGX indicated that the issuances listed...

FG’ll Tap $2.2bn Eurobond For Fuel Subsidy Funding, Says Minister   The Federal Government is planning to tap €2bn ($2.2bn) by this month or next of the money it raised in a Eurobond sale last year and targets more local borrowing in 2022 to help fund...

DMO Lists $4bn Eurobond On FMDQ Securities Exchange   The Debt Management Office (DMO) has listed the $4bn borrowed through Eurobond in September 2021 on the FMDQ Securities Exchange. This is in a bid to build investors’ confidence and also secure their investments. The DMO revealed on its...