Eurobond – InfoStride News

Nigeria Spends Nearly $3 Billion on Eurobond Servicing Since Tinubu Took Office

Temitope Nlewemchi — Mon, 17 Nov 2025 12:24:12 +0000

Nigeria has spent close to $3 billion on servicing its Eurobond obligations under President Bola Tinubu’s administration, according to debt-management data and fiscal reports. The figure reflects the growing burden of external debt on government finances and underscores the challenges Nigeria faces in balancing debt obligations with budgetary priorities. According to data from the Central [...]

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Nigeria’s $2.25 Billion Eurobond Boosts Investor Confidence

Temitope Nlewemchi — Thu, 13 Nov 2025 16:22:45 +0000

Nigeria’s successful $2.25 billion Eurobond issuance has renewed investor confidence in the country’s economic management, signaling a strong vote of confidence in the fiscal and monetary reforms introduced by President Bola Tinubu’s administration. The bond, which was oversubscribed by more than 400 percent, marks Nigeria’s first major foray into the international capital market in years, [...]

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Ecobank Nigeria strengthens investor trust through early repayment of 50 percent of its Eurobond

Temitope Nlewemchi — Sun, 13 Jul 2025 13:54:06 +0000

Ecobank Nigeria has taken a bold step to enhance investor confidence and demonstrate financial strength by making an early repayment of 50 percent of its $300 million Eurobond, signaling a strong liquidity position and prudent balance sheet management. The early redemption, which amounts to $150 million, comes ahead of the bond’s official maturity in 2026 [...]

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Ivory Coast Issues First African Eurobond Since 2022

Temitope Nlewemchi — Wed, 17 Jan 2024 22:47:41 +0000

Ivory Coast has made a significant move in the international financial markets by issuing its first Eurobond since 2022. This development signals the country’s return to the global debt market, providing an avenue for raising funds and supporting its economic initiatives. Key Points Regarding Ivory Coast’s Eurobond Issuance: 1. **Return to the International Debt Market:** [...]

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$1b Eurobond: Governor Fayose knocks FG, seeks Explanations on Beneficiaries, Repayment

Ade Adewale — Sun, 12 Feb 2017 18:55:26 +0000

Ekiti State Governor and Chairman of the Peoples’ Democratic Party (PDP) Governors’ Forum, Mr. Ayodele Fayose has described the Federal Government’s plan to secure Eurobond which re-payment would last till 2032, as act like that of the Biblical prodigal son, expressing the fear that the loan may plunge the nation into pro-longed economic misery. The [...]

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Africa Finance Corporation and Banque Centrale Populaire sign MoU to enhance Investments and Financing Cooperation

Ade Adewale — Mon, 05 Dec 2016 22:22:01 +0000

Agreement will increase collaboration on investments and financing… Africa Finance Corporation (AFC), a leading pan-African multilateral development finance institution and project developer, has this week signed a MoU with Moroccan bank Banque Centrale Populaire (BCP) to increase collaboration on financing vital infrastructure projects in North and Sub-Saharan Africa. A delegation from BCP, headed by Chairman [...]

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Africa Finance Corporation invests up to US$ 140 million in Gabon’s Special Economic Zone

Ade Adewale — Fri, 08 Apr 2016 13:03:09 +0000

[LAGOS, April 8]: Africa Finance Corporation (AFC) is pleased to announce it is to invest up to US $140 million in the Gabon Special Economic Zone (GSEZ). The GSEZ was created in 2010 to accelerate Gabon’s economic diversification and development and is a joint venture vehicle between Olam International, a leading agricultural business, and the [...]

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