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FG set for $6.2bn Eurobonds to finance budget

FG set for $6.2bn Eurobonds to finance budget

The Federal Government is set to approach international capital market to raise between $3 billion and $6.2 billion Eurobond. The Debt Management Office (DMO), which confirmed the plan on Wednesday in a statement, explained that…

Eurobonds: FG hires StanChart, J.PMorgan, others as advisers

Eurobonds: FG hires StanChart, J.PMorgan, others as advisers

The Federal Government on Wednesday activated plans to raise N2.343 trillion (about$6.2 billion) to finance part of 2021 appropriation deficit by hiring transaction advisers for Eurobond issuance. The Federal Executive Council (FEC) at a session…

Report: Nigeria plans to issue eurobonds

Report: Nigeria plans to issue eurobonds

The Federal Government is working on issuing eurobonds and plans to pick advisers through an open bid process, the Director General of the Debt Management Office (DMO), Patience Oniha, was reported by Reuters as saying…