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Nigeria Launches Eurobond In New York

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First with the News

Nigeria Launches Eurobond In New York

October 14, 2021
in Economy, Top Stories
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By Ebi Kesiena

Nigeria has launched its planned Eurobond issue in New York, United States of America.

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In line with this, the Director General, Debt Management Office, (DMO) Mrs. Patience Oniha led a roadshow in New York City.

Recall that Nigeria’s Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed had said the country would hold roadshows for the dollar-denominated issuance, which aims to raise roughly $3 billion, in Lagos and New York.

The government is also targeting raising the same amount via multilateral and bilateral borrowing to fund its 2021 budget deficit.

In attendance at the show were the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, DG Budget Office, Ben Akabueze and a host of other top government officials.

Tags: Central Bank of NigeriaEurobondGodwin EmefieleMinistry of FinanceNew YorkZainab Ahmed
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