Eurobond

Ecobank Transnational Incorporated's (ETI) said it has successfully repaid its maturing $500 million 5-year Eurobond on Thursday. This bond, which is its inaugural Eurobond issuance in April 2019, was warmly received by a…

The Debt Management Office (DMO) has debunked claims that a company belonging to the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has secured a Transaction Adviser deal for the next Eurobond. According to…

Nigeria has retained global investment banks, including Citibank, JPMorgan Chase & Co and Goldman Sachs  to guide its forthcoming Eurobond issuance. This development, according to Bloomberg and informed by sources close to the…

Nigeria has redeemed a $500 million Eurobond taken by the administration of ex-President Goodluck Jonathan in 2013. The Debt Management Office (DMO), which disclosed this in a statement issued in Abuja, on Wednesday, said the Eurobond…

Ghana is anticipating “very hard” talks with eurobond holders in the coming months as it plans to reach an agreement on restructuring its investments by a self-imposed deadline of September. The International Monetary Fund’s first review…

The Debt Management Office (DMO) has announced that it will redeem Nigeria’s 6.75% USD500M Jan 2021 Eurobond which matures on January 28, 2021, according to a report posted on its Website. Funds have been made available by the Federal…

The Board of Fidelity Bank Plc has appointed Mrs Nneka Onyeali-Ikpe as its new Managing Director and Chief Executive Officer with effect from January 1, 2021. The announcement of Onyeali-Ikpe's appointment follows the plan retirement of…

The House of Representatives on Tuesday approved the request by President Muhammadu Buhari for $82.54 million to refinance the balance of $500 million matured Eurobond in the international capital market. The approval was made after the…

A former Vice-President (Africa) of World Bank, Mrs. Oby Ezekwesili, has advised the Federal Government to suspend its plan to raise $2.8bn in Eurobond to fund the 2018 budget. Ezekwesili, who was a former Minister of Education, gave the…

Nigeria’s issuance of $2.5 billion Eurobond in the first quarter of this year is expected to raise the country’s debt service cost and refinancing risks, Fitch Ratings, said on Wednesday. In a report titled: Sub Saharan Africa Sovereign…