Search

Nigeria Launches $500 Million Dollar Bond to Tap Diaspora Funds

Breaking News
© Allen Dreyfus
  • First tranche of a $2 billion bond programme targets foreign currency holdings of Nigerians at home and abroad
  • Funds to support government finances and infrastructure projects

Abuja, Nigeria – Nigeria has issued $500 million of dollar-denominated bonds this morning, marking the first tranche of a $2 billion bond programme aimed at mobilising foreign currency funds held by citizens both domestically and internationally to bolster government finances and fund infrastructure projects.

Recent Business

Gold bars. Photo by Jingming Pan @ Unsplash
Sudan's $1.8bn gold boom defies war, boosts forex and investor confidence
Read More »
Dr Johnson Asiama, Governor of the Bank of Ghana @ Facebook/BoG
Ghana targets $630mn treasury bills as central bank unveils $1bn FX support
Read More »
Gold mine. Photo by István Mihály @ Pixabay
Mali recovers $1.2bn from mining giants in sovereignty push
Read More »

Recent Politics

Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »
US Marines and Sailors being transported by Marine Aerial Refueler Transport Squadron 352. Photo by Joel Rivera-Camacho @ Unsplash
US Christmas airstrikes on Nigeria may alter political equation for Tinubu
Read More »
don-jackson-wyatt-sbhubyl7lWI-unsplash
US launches deadly airstrikes against terrorist groups in Nigeria
Read More »

Latest Posts

Latest news insights