By Jemimah Wellington, JKNewsMedia Correspondent THE SUM of US$2.35 billion has been successfully raised by Nigeria through dual-tranche Eurobonds maturing in 2036 and 2046 in the international capital markets. The issuance comprises US$1.25 billion for the 2036 (Long 10-year) Notes and US$1.10 billion for the 2046 (Long 20-year) Notes, price...
EXTERNAL DEBT service surged by 49.2 percent year-on-year to $2.01 billion in the first four months of 2025, up from $1.34 billion in the same period of 2024. The data, released by the Central Bank of Nigeria, underscores the growing strain on the nation’s public finances amid persistent foreign exchange constraints and a weakened revenue [&he...
