Business News

Investors Oversubscribe Nigeria’s $500m Domestic Dollar Bond by 80%

Domestic Dollar Bond Sale

By Aduragbemi Omiyale The maiden $500 million domestic dollar bond issuance of Nigeria recorded a subscription rate of 180 per cent, Business Post reports. This newspaper gathered that the country raised about $900 million from the exercise, reflecting strong local investor confidence in Nigeria’s economic stability and growth potential. The continent’s leading infrastructure solutions provider, […]