Nigeria finds itself on the periphery as investors eagerly embrace debt offerings from other nations. While Mexico and Indonesia, Nigeria’s MINT peers, join corporations in recording...
Kenya abandoned a plan to buy back a portion of a $2 billion eurobond, sidestepping a potential default on the terms of the debt, which mature in...
Global bonds are experiencing their most rapid surge since the 2008 financial crisis, with a Bloomberg measure of global sovereign and corporate debt returning 4.9% in...
Ride-hailing giant Uber Technologies Inc. has increased its planned convertible bond issue to $1.5 billion, highlighting robust demand among investors. The move comes as Uber prices...
The Debt Management Office (DMO) held its monthly auction of FGN Bonds on Monday (16 October ’23). It offered N360bn but raised N334.8bn through re-openings of...
Data from the Nigerian Exchange Limited (NGX) has shown that the value of listed Federal Government of Nigeria (FGN) Bonds on the exchange experienced a decline...
The Debt Management Office (DMO) on Wednesday reported that its July 2023 Federal Government of Nigeria (FGN) bond offering received overwhelming investor interest, surpassing all expectations...
Saudi Arabia has completed an early purchase of more than 35.7 billion riyals ($9.5 billion) of outstanding debt and will issue about 35.9 billion riyals in...
For the Development Bank of Nigeria‘s first bond issue, Prominent development investment banking institution, DLM Capital served as both the principal issuing house and the financial...
The redemption of this Eurobond, which was part of a dual-tranche USD1 billion issuance, demonstrates Nigeria's commitment to maintaining financial stability under former President Goodluck Jonathan.