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

China trades with Africa . Photo by Wolfgang Weiser @ Unsplash
China–Nigeria trade surges past $22bn in 2025 as ties deepen
Read More »
Small and medium enterprise (SMEs) in Africa. Photo by Payam Moin Afshari @ Unsplash
Islamic Development Bank arm backs Benin SMEs with €25mn Shariah-compliant facility
Read More »
Rwanda motorists Photo @ Pixabay
Rwanda’s inflation climbs to 8% in December
Read More »

Recent Politics

William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
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 »

Latest Posts

Latest news insights