Nigeria Targets N120 Billion In November Bond Auction, Marking 33% Decline From October Issuance

The Federal Government of Nigeria, through the Debt Management Office (DMO), announces plans to raise N120 billion in its November 2024 bond auction. This amount represents a 33.3% decrease compared to the N180 billion raised in October, suggesting a possible shift in borrowing strategy or improved revenue inflows. Breakdown of the November Bond Offering The … Continue reading Nigeria Targets N120 Billion In November Bond Auction, Marking 33% Decline From October Issuance