Nigeria’s Eurobond yield drops to 39-day low as investor interest rises
Average Nigeria’s Eurobond yield declined to 9.13% on Tuesday, February 4, 2025, down from 9.21% recorded the previous day, marking ...
Tag: Eurobond
Why IMF reforms keep failing in Nigeria and across Africa
The IMF itself has admitted that the reforms have not yielded the desired outcomes. In its latest economic outlook for ...
Nigeria plans to issue $1.7 billion Eurobond to fund 2024 budget
The Federal Government has announced plans to raise approximately $1.7 billion through the issuance of Eurobonds to help finance the ...
Ghana reaches debt restructuring agreement with its $13 billion Eurobond holders
Ghana has reached an agreement in principle with its bondholders to restructure its $13 billion Eurobonds.
UN agency urges struggling African economies to go slow on eurobonds
UNCTAD has warned developing countries especially in Africa facing a high risk of debt distress against issuing more Eurobonds.
Eurobond addiction in West Africa has a heavy price
A funded rescue plan needs to be developed to avoid a systemic debt disaster
Dollar Scarcity: Nigeria’s Eurobond trade at worst price in years
This could be a long summer or holidaymakers and businesses looking for forex.
Debt Management Office lists $1.25 billion Eurobond on NGX, FMDQ
The Debt Management Office (DMO) has announced plans to list the 8.375%, $1.25 billion, March 2029 Eurobond on the NGX, ...
UBA redeems $500 million 5-year Eurobond due June 2022
The United Bank for Africa (UBA) has redeemed its debut $500 million 5-year Eurobond notes with the maturity date of ...
Increase in CBN’s interest rate yet to tame Nigeria’s high Eurobond yield
The rise in Eurobond yields means that Nigeria will pay huge interest in order to incentivise market players to buy ...
