External Reserves Increase By $42bn, Hit 25-month High On Eurobond Inflow
Nigeria’s external reserves have risen to its highest level in 25 months to $42 billion presently due to the inflow of the recent Eurobond issued by the federal government.
Although, the Central Bank of Nigeria’s...
Nigeria To Raise $3bn Eurobond In October - Finance Minister
Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed has said the nation plans to raise about $3b in the Eurobond market in the second week of October.
In an interview with Bloomberg TV, Ahmed...
Nigeria Owes World Bank, Eurobond, Others N12trn
At least, 67 per cent of the $31.985 billion (N12.193 trillion) outstanding external debt of Nigeria is for loans taken as Eurobond, a commercial loan, and from the International Development Association (IDA) as of September 2020.
According to records...
Constant Revenue Shortfall Affects Nigeria
Nigeria’s debt profile, expectedly, would notch up by $2.93 billion by the end of this week, with a mix of increased costs, courtesy of the ongoing Eurobond debt offering, which government earmarked for capital projects in the 2018 fiscal plan.This...
FG Approves $2.9bn Eurobond Issuance To Fund Budget
The Federal Executive Council on Wednesday approved the issuance of $2.9bn and other securities in Eurobond from the international capital market.
The Minister of Finance, Zainab Ahmed, disclosed this to State House correspondents at the end of the...
T-bill Yields Drop As Eurobond Addresses Debt Maturities
Short-term Treasury bill yields fell by 0.5 per cent on Tuesday on expectations the government would sell less debt at auctions in the second quarter after raising $2.5bn via Eurobond.
The government has been working to lower its...
