Search

Nigeria Seeks N350 Billion in Bond Auction Amid Fiscal Gap Funding

© Allen Dreyfus
  • Government aims to raise N1.8 trillion in Q1 to address budget shortfall
  • Bonds offer attractive yields as inflation signals point to potential rate cuts

Lagos, Nigeria – Nigeria has put up two bonds worth a combined N350 billion for sale on Monday, according to an offer circular from the Debt Management Office (DMO). The auction is part of the government’s broader plan to raise N1.8 trillion in debt within the first quarter of 2025 to address its fiscal gap.

You need an active subscription to continue reading this article.

Recent Business

Allen Dreyfus
Nigeria Offers Two- and Three-Year Bonds at Lower Yields
Read More »
breaking_news
Tinubu Signs Nigeria’s 2025 Budget Into Law
Read More »
breaking_news
Ghana’s COCOBOD Faces $1.34 Billion Loss Amid Cocoa Production Decline
Read More »

Recent Politics

generic-1-1024x683
Cameroon’s SDF Picks Joshua Osih as Presidential Candidate, Unveils Economic Agenda
Read More »
Johannesburg, South Africa. 21st Feb, 2025
South Africa Calls on G20 to Implement Global Minimum Tax for Developing Nations
Read More »
Satisfied smiling business man doing paperwork at home workplace. Entrepreneur reading financial reports, reading documents
Nigeria’s Senate President Backs Controversial Tax Reforms
Read More »

Latest Posts

Latest news insights