30 results
- 18 Mar 2022
Nigeria Raises $1.25b Eurobonds
Nigeria has raised a $1, 25 billion Eurobond in the International Capital Market. A statement by the Debt Management Office, indicated that the Eurobond had a seven-year tenor and singled out Nigeria…
- 19 Apr 2024
Ecobank Repays $500m Eurobond
Ecobank has announced the successful repayment of its $500 million five-year Eurobond issued in 2019. According to a statement filed on the Nigerian Exchange Limited (NGX), the Eurobond garnered…
- 2 Dec 2024
Nigeria Issues New $500m Eurobonds to Fund 2024 Budget Deficit
After a long wait all year, the Federal Republic of Nigeria has announced the launch of a dual-tranche Eurobond offering under its Global Medium Term Note Programme to finance the country’s 2024…
- 16 Sept 2021
Nigeria Seeks $3Bn with Eurobond Offer
Federal Government has announced plans for a Eurobond issuance in the International Capital Market (ICM) to raise $3 billion. The Debt Management Office (DMO) said, yesterday, that Virtual meetings…
- 15 Sept 2021
Access Bank Launches $500m Senior Unsecured Eurobond
Access Bank Plc, Nigeria’s largest bank by assets base, has announced successful launch of a $500 million 144A/RegS Senior Unsecured Eurobond – 5-year unsecured note under the Bank’s $1.5billion…
- 24 Feb 2017
Nigeria’s Oversubscribed Eurobond Bolsters Sentiment
The largest economy in Africa received a pleasant surprise in February following its successful Eurobond issue which displayed a high level of confidence by the international investment community in…
- 16 Feb 2022
Bank of Industry Launches EUR700m Eurobond
The Bank of Industry (BOI), assisted by Rand Merchant Bank (RMB) has issued a EUR700m Eurobond by way of 144A/RegS Senior Note Participation Notes, irrevocably and unconditionally guaranteed by the…
- 19 Apr 2019
Ecobank Transnational Debut $450M Eurobond Oversubscribed
Ecobank Transnational Incorporated, ETI , the parent company of the Ecobank Group, is pleased to announce that it has successfully raised $450 million in its debut Eurobond which was oversubscribed.…
- 12 Jun 2017
UBA Raises $500m through Eurobond
United Bank for Africa Plc (UBA) has raised $500 million from international investors through Eurobond. The Tier-1 lender said investors in the bond came from United Kingdom, Europe, Asia, the Middle…
- 7 Jun 2019
Ecobank Hosted by London Stock Exchange after Successful $500M Eurobond Issuance
Following its successful $500 million Eurobond issuance, Ecobank Transnational Incorporated (‘ETI’), the Lomé-based parent company of the Ecobank Group, was hosted by the London Stock Exchange to a…
- 9 Feb 2018
FG Plans $2.5bn Eurobond to Lower Government Cost
A proposed $2.5 billion Eurobond to refinance some of Nigeria’s treasury bill portfolio will not increase its overall debt stock but helps to lower cost, the Debt Management Office (DMO) said on…
- 17 Oct 2022
Fidelity Bank redeems $400m Eurobond Notes
Fidelity Bank plc on Monday announced the redemption of the $400,000,000.00 Eurobond Notes due October 17, 2022. Mrs. Nneka Onyeali-Ikpe, MD/CEO, Fidelity Bank Plc On October 17, 2017, the bank…
- 18 Feb 2026
Ecobank Nigeria Fully Repays $300m Eurobond Notes
Ecobank Nigeria has announced the successful repayment of the outstanding principal and accrued interest on its original $300 million Eurobond due February 16, 2026, marking a significant milestone…
- 7 Feb 2022
NGX Lists $4bn FGN Eurobonds
The Nigerian Exchange Limited (NGX) listed Federal Government of Nigeria (FGN) $4 billion FGN Eurobonds, N171.17 billion FGN Savings Bonds and N720.04billion securities on its platform in January…
- 8 Jun 2022
UBA Redeems $500m 5-year Eurobond
The United Bank for Africa (UBA) on Wednesday, redeemed its debut $500 million 5-year Eurobond notes with the maturity date of June 8, 2022. Issued in 2017, the five-year bond was offered at a coupon…
- 11 Feb 2016
FG Denies Shelving Eurobond Sale, Plans March Roadshow
The federal government has denied that it has shelved a planned Eurobond sale for as much as $1 billion to plug its fiscal deficit and will start meeting investors next month, according to Kemi…
- 8 Dec 2016
FG Appoints Transaction Parties for Execution of Eurobond Programme
Mrs Kemi Adeosun, minister of Finance, on Wednesday at the Federal Executive Council (FEC) meeting presented a Memorandum seeking approval for the issuance of the USD1.00 Billion Eurobond in the…
- 28 Sept 2017
FG Plans $2.5bn Eurobond to Fund Capital Projects
The Debt Management Office (DMO) yesterday said the Federal Government would float an Eurobond to raise 2.5 billion dollars before the end of 2017. Ms Patience Oniha, the DMO Director-General, made…
- 10 Dec 2025
Ecobank Nigeria to Fully Repay $300m Eurobond Ahead of Schedule
Ecobank Nigeria has moved to retire the remaining part of its $300 million Eurobond before maturity. The bank has launched a tender offer for holders of its 7.125% senior notes due February 2026. The…
- 6 Feb 2016
GT Bank Seeks Redemption on $500m Eurobond
Guaranty Trust Bank (GT Bank) has launched a tender offer on Friday to repay a $500-million Eurobond early, a move to deploy its available dollar liquidity ahead of the debt's maturity. The bank said…
- 10 Feb 2017
$1Bn Eurobond Pricing: FG Implementing Ambitious Economic Reform Agenda- Adeosun
Federal Republic of Nigeria on Thursday announced that it has priced its offering of US$1 billion aggregate principal amount of notes under its newly established US$1 billion Global Medium Term…
- 22 Dec 2017
DMO Pioneers Diaspora Bond, Eurobonds on FMDQ Platform
The Federal Republic of Nigeria through the Debt Management Office (DMO) has pioneered the inaugural listing of Diaspora Bond on the FMDQ OTC Securities Exchange platform. FMDQ in a statement in…
- 6 Jan 2026
Ecobank Offsets Repayment of $300m Eurobond Notes
Ecobank Nigeria Limited has fully repaid bondholders who validly tendered their notes ahead of the February 2026 maturity date. The bank announced the successful completion of its tender offer, under…
- 12 Apr 2017
Africa Finance Corporation Issues $500m
Africa Finance Corporation (AFC), a leading Pan-African multilateral development finance institution and project developer, has issued a US$500 million 7 year Eurobond. The senior, unsecured…
- 30 Nov 2018
Diamond Bank in Talks to Raise Medium-term Funding
Diamond Bank Plc is in talks with a multilateral agency to raise medium-term funding over a 5-year period and will repay a $200 million Eurobond due in May on maturity from its own cash and other…
- 29 Jul 2026
Afreximbank Raises $1.5b in Largest-ever Bond Issuance
African Export-Import Bank (Afreximbank) has successfully priced a $1.5 billion dual-tranche Reg S/144 senior unsecured benchmark Eurobond, marking its first dollar public bond issuance since July…
- 19 Nov 2013
Worries over Arrests of Top Bankers for Alleged Terrorist Financing
The banking industry and State Security Service (SSS) are embroiled in claims and denials over the continued detention of senior personnel of 13 Nigerian banks for alleged terrorist financing and…
- 17 Jan 2024
FG Seeks $1.5Bn Loans from World Bank to Boost Naira
Nigerian government is actively pursuing a $1.5 billion loan from the World Bank to address the severe dollar shortage that has been contributing to the depreciation of the naira. Wale Edun, finance…
- 17 Aug 2016
Nigeria Helped by Low Debt as it Tackles Slump Spending
Nigeria is facing a recession, a plunging currency, inflation at a decade-high and a widening budget deficit. It has one going for it; low debt. That means the West African nation has room to tap…
- 8 Oct 2025
Nigeria Seeks to Raise $2.8Bn Including its First International Sukuk
Federal government plans to raise $2.8 billion in fresh funding as part of efforts to diversify its borrowing instruments and attract capital from global Islamic finance markets. President Bola…