The Federal Government of Nigeria is gearing up to issue a $500 million dollar-denominated domestic bond on Monday, aiming to attract both local and international investors.
This was revealed by Gbadebo Adenrele, Managing Director of Investment Banking at United Capital Group, during a hybrid roadshow organized by the Debt Management Office (DMO) on Thursday.
The government aims to raise a total of $1 billion through this bond auction, doubling its initial offering target.