Federal Government Aims to Raise N350 Billion in February 2025 Bond Auction
The Federal Government of Nigeria (FGN), through the Debt Management Office (DMO), has announced plans to raise N350 billion in ...
Tag: Bond
Nigeria’s FX Reserves Increase by $591.78 Million Following Eurobond Auction
Nigeria’s foreign exchange (FX) reserves surged by $591.78 million in the month following the government’s $2.2 billion Eurobond auction on ...
FG to Issue $500 Million Domestic Dollar-Denominated Bond
The federal government of Nigeria has unveiled plans to issue $500 million in domestic dollar-denominated bonds within the next three ...
Nigerian Eurobond Yields Rise as Foreign Investors Shy Away from Debt
Foreign investors are displaying a lack of interest in Nigerian debt, with yields on Eurobonds rising amid a surge in ...
Ethiopia Defaults on $33 Million Bond Payment, Becomes Africa’s Third Defaulter in Three Years
Ethiopia has officially become Africa's third nation to default in as many years, failing to meet a $33 million "coupon" ...
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