FG Issues $2.5bn Eurobond The Federal Government has announced that it has priced its offering of US$2.5 billion Eurobond aggregate principal amount of dual series notes under its Global Medium Term Note Programme. The Notes comprise a US$1.25 billion 12-year series and a US$1.25 billion 20-year...

Govt Set To Redeem N762.5bn T-bills With Planned Eurobond Sale The Federal Government is planning to redeem N762.5bn ($2.5bn) worth of Treasury bills from the proceeds of its planned $2.5bn Eurobond, to lower borrowing costs for the government, Finance Minister, Kemi Adeosun, has said. The country...

FG Reappoints Consortium Of Banks To Handle $2.5bn Eurobond The Federal Executive Council on Wednesday reappointed a consortium of banks to handle the nation’s $2.5bn Eurobond issuance. The Minister of Finance, Mrs. Kemi Adeosun, disclosed this to State House correspondents at the end of the weekly...

The Africa Finance Corporation (AFC) has issued a $500 million seven-year Eurobond. The senior, unsecured Eurobond which carries a coupon of 3.875 per cent was priced to yield 4.000 per cent and matures in April 2024. The Eurobond received strong global interest, with an order...

President Muhammadu Buhari has written to the National Assembly to seek for approval to issue an additional $500 million Eurobond to fund capital projects in the 2017 budget. This was revealed during a Senate session yesterday. The latest demand follows the oversubscription of a similar bond...

It is an open secret that Nigerian’s economy is being systematically and deliberately raped as often canvassed in this column. What is obvious is that Nigerians have become poorer despite bountiful revenue and heavy debt accumulation over the years.   The above is the title of...