Nigeria holds roadshow for Eurobond Issuance
Nigeria has commenced a roadshow in New York in furtherance of Eurobond issue.
The Eurobond seeks to raise about three billion dollars in Lagos and New York and the government is also targeting raising the same amount through multilateral and bilateral borrowing to fund its 2021 budget deficit.
The Minister of Finance, Budget and National Planning, Hajya Zainab Ahmed said the exercise follows the approval of the National Assembly for the Government to borrow the sum of six point two billion dollars externally.
The Roadshow was led by the Director-General of the Debt Management Office, Ms Patience Oniha, and also had the Governor of the Central Bank of Nigeria, Mr Godwin Emefiele and the Director-General, Budget Office of the Federation, Ben Akabueze in attendance.
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