ADVERTISEMENT
TechEconomy
Saturday, June 7, 2025
No Result
View All Result
Advertisement
ADVERTISEMENT
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS
No Result
View All Result
Tech | Business | Economy
No Result
View All Result
Podcast

Home » Nigeria Redeems $500m Eurobond, Demonstrating Strong Debt Management

Nigeria Redeems $500m Eurobond, Demonstrating Strong Debt Management

Justice Godfrey Okamgba by Justice Godfrey Okamgba
July 13, 2023
in Economy
0
DMO

RelatedPosts

Top Payment gateways in Nigeria | Payment Gateway

The Value of Payment Gateway Market Revealed

June 6, 2025

Crypto is the Future, and Monica is Making it Real for Everyday Nigerians

June 6, 2025
UBA
Advertisements

Nigeria has successfully redeemed a $500 million Eurobond that reached maturity on July 12, 2023, as confirmed by the Debt Management Office (DMO).

Issued in July 2013 with a tenor of 10 years and an annual coupon rate of 6.375 percent, the Eurobond forms part of a dual-tranche USD 1 billion Eurobond, according to a statement published on the DMO’s website.

The DMO emphasized Nigeria’s commitment to meeting its debt service obligations, reaffirming the country’s dedication to honoring its financial responsibilities.

The statement from the DMO further underscored Nigeria’s strong debt management operations and planning, citing the successful redemption of Eurobonds and a diaspora bond over the past six years. This track record serves as a testament to Nigeria’s credibility and ability to manage its debt effectively.

The recent redemption of the $500 million Eurobond follows Nigeria’s prior redemptions, including a $500 million Eurobond in July 2018, another $500 million Eurobond in January 2021, and a $300 million diaspora bond in June 2022.

These redemptions, in addition to the latest Eurobond, bring the total amount of securities redeemed by Nigeria in the international capital market to $1.8 billion.

However, concerns have arisen regarding the Federal Government’s low revenue generation. The reliance on oil as the primary revenue source has proven challenging due to factors such as reduced production and the recent removal of subsidies.

As Nigeria redeems its Eurobond and grapples with revenue generation challenges, the country’s commitment to meeting its debt obligations and implementing sound debt management practices remains at the forefront of its financial operations.

Loading

Advertisements
MTN ADS

Author

  • Justice Godfrey Okamgba
    Justice Godfrey Okamgba

    View all posts
0Shares
Tags: DMOEurobond
Previous Post

Meta to Launch Commercial AI Model to Challenge Rivals

Next Post

When Was the Last Time You Bought a Newspaper?

Justice Godfrey Okamgba

Justice Godfrey Okamgba

Related Posts

Top Payment gateways in Nigeria | Payment Gateway
Fintech

The Value of Payment Gateway Market Revealed

by Joan Aimuengheuwa
June 6, 2025
0

The payment gateway market was valued at USD 29.4 billion in 2023 and is forecasted to experience a CAGR of...

Read more
Monica app for crypto traders

Crypto is the Future, and Monica is Making it Real for Everyday Nigerians

June 6, 2025
Stanbic IBTC Bank Homeownership

Stanbic Ignites Dreams of Homeownership in Lagos

June 6, 2025
Akeem Lawal - Interswitch | Sierra Leone Fintech Forum 2.0

Sierra Leone Fintech Forum 2.0 | Interswitch Leads Financial Inclusion Drive

June 6, 2025
Nigeria and USD, Nigerian Banking System - Naira Appreciate

Naira Continues to Appreciate in Official Market, Closes at N1,553/$1

June 6, 2025
side hustle in Nigeria

Side Hustles that Work in Nigeria

June 5, 2025
Next Post
When Was the Last Time You Bought a Newspaper?

When Was the Last Time You Bought a Newspaper?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Techeconomy Podcast

Techeconomy Podcast
Techeconomy Podcast

Infowave is brought to you by TechEconomy. Every week we will bring new stories from startups and influencers who are shaping and changing the world we live in. We’ll also bring you reports on topics you should know.

Follow us @techeconomyng for more.

TECH TALK EPISODE 2
byTecheconomy

PRODUCTIVITY AND WORK-Life Balance

TECH TALK EPISODE 2
TECH TALK EPISODE 2
May 22, 2025
Techeconomy
CYBERSECURITY ESSENTIALS
April 24, 2025
Techeconomy
Digital Marketing Trends and strategies for 2025 and beyond
February 27, 2025
Techeconomy
Major Lesson for Techies in 2024 and Projections for 2025
December 6, 2024
Techeconomy
Major Lessons for Techies in an AI-Driven World | Techeconomy Business Series Highlights
November 26, 2024
Techeconomy
Maximizing Profitability Through Seasonal Sales: Strategies For Success
November 8, 2024
Techeconomy
Techeconomy Business Series
October 15, 2024
Techeconomy
PRIVACY IN THE ERA OF AI: GETTING YOUR BUSINESS READY
May 30, 2024
Techeconomy
Unravel the Secrets of Marketing Everywhere All At Once with Isaac Akanni from Infobip | Infowave Podcast Episode 1
February 9, 2024
Techeconomy
The Role of Ed-tech in Life Long Learning and Continuous Education
October 19, 2023
Techeconomy
Search Results placeholder

WHAT IS TRENDING

https://www.youtube.com/watch?v=g_MCUwS2woc&list=PL6bbK-xx1KbIgX-IzYdqISXq1pUsuA4dz

Follow Us

  • About Us
  • Contact Us
  • Careers
  • Privacy Policy

© 2025 Techeconomy - Designed by Opimedia.

No Result
View All Result
  • News
  • Tech
    • DisruptiveTECH
    • ConsumerTech
      • Accessories
      • Phones
      • Laptop
      • Gadgets and Appliances
      • Apps
    • How To
    • TechTAINMENT
  • Business
    • Telecoms
      • Broadband
    • Mobility
    • Environment
    • Travel
    • Commerce
    • StartUPs
    • TE Insights
    • Security
  • Partners
  • Economy
    • Finance
    • Fintech
    • Digital Assets
    • Personal Finance
    • Insurance
  • Features
    • IndustryINFLUENCERS
    • Guest Writer
    • Appointment
    • EventDIARY
    • Editorial
  • Apply
  • TecheconomyTV
  • Techeconomy Events
  • BusinesSENSE For SMEs
  • TBS

© 2025 Techeconomy - Designed by Opimedia.

Translate »
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.