Eurobonds
19 Feb 2018
Nigeria sold $2.5 billion of Eurobonds as it sought to lower funding costs by using the notes to refinance higher-yielding naira debt. Africa’s biggest economy on Thursday issued $1.25 billion of 12-year securities with a yield of 7.14 percent and a separate 20-year tranche, also $1.25 billion, at 7.7 percent, the finance ministry said…
16 Feb 2018
The Federal Government has floated 2.5 billion dollars aggregate Eurobonds under its Global Medium Term Note Programme.
22 Dec 2017
The Federal Republic of Nigeria through the Debt Management Office (DMO) has pioneered the inaugural listing of Diaspora Bond on the FMDQ OTC Securities Exchange platform. FMDQ in a statement in Lagos said that the listing was the first in the Nigerian debt capital markets (DCM). The statement said the 1.5 billion dollars Federal Government…
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Personnel of the Economy and Financial Crime Commission (EFCC) on Saturday stormed the venue of the Peoples Democratic Party (PDP) national convention holding in Abuja.
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Nigeria is a ‘Country of the Young’. As per the latest UNICEF reports, there are approximately 31 million children aged less than 5 years, and each year at least 7 million more babies are born in Nigeria. 27th May marks the occasion of National Children’s Day - a day to cherish and celebrate these little…
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Rwanda on Saturday said two of its soldiers were being held captive by rebels in the Democratic Republic of Congo, and accused government authorities there of backing the group responsible. It comes as a diplomatic feud between the two neighbours escalates, with both sides accusing each other of aiding armed militias in the volatile eastern…
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When the newly sworn-in Governor of Oyo State, His Excellency Seyi Makinde, announced in his inauguration address that he would be donating his monthly salary to the teacher pensioners’ fund, little did the people of Oyo State know that this token was just the beginning of what his administration would go on to do for…
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At least 31 people were killed on Saturday when a stampede broke out in south Nigeria during a church charity event where food was being distributed, police said. The disaster happened in Port Harcourt city in Nigeria's Rivers state, local police spokeswoman Grace Iringe-Koko said, confirming a death toll of 31 people. Local Nigerian media…