Nigeria Raises $1.25bn through Eurobonds as Public Debt Hits N41.026trn

Nigeria Raises $1.25bn through Eurobonds as Public Debt Hits N41.026trn

*2022 Budget: FG borrows N950bn from domestic marketNdubuisi Francis in Abuja Nigeria has issued $1.250 (N520 billion) billion seven-year Eurobond in the International Capital Market (ICM), being the first African country to access the ICM in 2022. This is just as the Debt Management Office (DMO) has revealed that Nigeria’s total public debt stock, comprising […]
Source: Nigeria Raises $1.25bn through Eurobonds as Public Debt Hits N41.026trn

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post culled from thisdaylive