FG offers N10.7bn Green Bonds at 13.48%

The Federal Government on Monday offered for subscription by auction N10.69 billion worth of sovereign green bonds, the Debt Management Office (DMO) said. It stated that the five-year tenor bond would mature in 2022 at a coupon rate of 13.48 per cent per annum.

The DMO circular not...

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FITCH RATES NIGERIA'S USD NOTES 'B+'

Fitch Ratings has assigned Nigeria's USD1.5 billion 6.500% senior unsecured notes due 28 November 2027 and USD1.5 billion 7.625% senior unsecured notes due 28 November 2047 the final rating of 'B+'. The final rating replaces the expected rating of 'B+(EXP)' that Fitch assigned...

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