Hope Moses-Ashike and Onyinye Nwachukwu
The Nigerian government plans to issue Eurobonds worth about $2.25 billion later this year, according to Mohammed Sadi Abdullahi, deputy governor in charge of Economic Policy at the Central Bank of Nigeria (CBN).
The issuance would partly refinance a $1.18 billion Eurobond maturing in November while also strengthening Nigeria’s external reserves and investor confidence, Abdullahi revealed Wednesday at the ongoing Annual Meetings of the World Bank and International Monetary Fund (IMF) in Washington D.C.
“We plan to issue Eurobonds of up to
The Nigerian government plans to issue Eurobonds worth about $2.25 billion later this year, according to Mohammed Sadi Abdullahi, deputy governor in charge of Economic Policy at the Central Bank of Nigeria (CBN).
The issuance would partly refinance a $1.18 billion Eurobond maturing in November while also strengthening Nigeria’s external reserves and investor confidence, Abdullahi revealed Wednesday at the ongoing Annual Meetings of the World Bank and International Monetary Fund (IMF) in Washington D.C.
“We plan to issue Eurobonds of up to
Source: Businessday.ng | Read the Full Story…
