FG has introduced Series I Domestic USD Bond, aiming to raise at least $500 million from both local and international investors. However, this launch occurs amid a challenging backdrop where five of Nigeria’s Eurobonds have been ranked among the worst performers in a Bloomberg index of emerging and frontier sovereign[Read More…]
Tag: FG issue $500m denominated bonds
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]