Bonds – InfoStride News

FG plans to borrow N700bn via April bonds

Temitope Nlewemchi — Sat, 09 May 2026 13:20:21 +0000

The Federal Government is seeking to raise approximately ₦700 billion through bond issuances in April as part of its broader strategy to finance budgetary obligations, support infrastructure development, and manage public debt. The planned borrowing will be conducted through the domestic bond market under the supervision of the Debt Management Office (DMO), which is responsible [...]

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Champion Breweries Plans N20bn Bond Issuance

Temitope Nlewemchi — Fri, 06 Dec 2024 22:23:54 +0000

Champion Breweries Plc has announced plans to raise N20 billion through a bond issuance, marking a strategic move to bolster its operations and finance expansion projects. The bond offering, expected to hit the capital market in the coming weeks, is part of the brewery’s broader effort to strengthen its financial position and tap into emerging [...]

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FG raises N297.006 billion in June auction, 66% of target as demand tapers

Temitope Nlewemchi — Wed, 26 Jun 2024 22:48:31 +0000

The federal government has raised N297.006 billion from the June bond auction, which is only about 66% of its target. The amount raised in June is approximately 22% less than the N380.769 billion raised in May. The total subscription across all tenors reached N305.257 billion, far lower than the N551.316 billion in subscriptions recorded in [...]

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Federal Government Lists April Bonds Worth N4.21 Billion on NGX

Temitope Nlewemchi — Thu, 16 May 2024 22:15:28 +0000

The Federal Government has listed its April 2024 Savings Bonds valued at N4.21 billion on the Nigerian Exchange Limited (NGX), according to a market bulletin signed by NGX’s Head of Issuers Regulation Department, Godstime Iwenekhai. The bonds, comprising the FGS April 2026 and FGS April 2027 issues, total 4.214 million units with a combined value [...]

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Surge in Demand: FGN Medium-Term Bonds Oversubscribed, Breaking February Trend

Temitope Nlewemchi — Wed, 13 Dec 2023 22:43:18 +0000

In a significant turn of events, the medium-term bonds of the Federal Government have experienced oversubscriptions for the first time since February 2023. The specific bonds in question are the 14.55% FGN APR 2029 and 14.70% FGN JUN 2033 bonds, both of which have garnered heightened attention from investors. Infostride News learned that the Debt [...]

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Nigerian government to auction N150 billion bonds on Wednesday

Temitope Nlewemchi — Sun, 20 Jun 2021 19:53:50 +0000

The Debt Management Office (DMO) says it will auction N150 billion federal government bonds to investors on Wednesday, June 23, 2021. The agency made the announcement in a circular published on its website on Friday. The auction comprises three bonds valued at N50 billion each. It includes a 10-year reopening bond to be offered at [...]

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Femi Kuti Bonds With IDP Children

David Folami — Fri, 27 Jan 2017 21:03:22 +0000

Nigerian singer Femi Kuti paid a visit to the home for the Internally Displaced Persons – IDP camp- in Maiduguri recently. The star shared a video of himself teaching the children a little musical do-re-mi lesson on the trumpet. “Gave the children in one of the IDP camps a little musical do re mi lesson [...]

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Top 5 Most Memorable Celebrity Arrests

Adewale A. — Wed, 16 Apr 2014 18:54:48 +0000

We often look up to celebrities, the people we see on our television screens and in movies each day. Unfortunately, not all of our idols are perfect role models; they often fall from grace. Here is a list of celebrities who made memorable headlines in recent years for their illegal activities, provided bailaustin.net. 1. Winona Ryder [...]

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US, Dutch try to deposit billions in fake bonds in Vatican bank

Adewale A. — Sat, 29 Mar 2014 22:25:19 +0000

Vatican police on Saturday apprehended an American and a Dutch man who were trying to deposit billions of euros and US dollars in fake bonds in the Vatican bank. The men were stopped by the police when they approached one of the guarded gates at the…

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