Nigeria mulls return to Eurobond market for $2.1bn borrowing

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The Federal Government is considering a return to the Eurobonds market for the balance of its $6.1bn external borrowing after it successfully raised $4bn in September.


The Director-General of the Debt Management Office, Mrs. Patience Oniha, gave the hint during an interview in London obtained by our correspondent on Thursday. Oniha said the international investors had shown interest in engaging the government after a global investors meeting and roadshow, as they were still optimistic about the country’s credit status.


She said, “One of the questions that kept coming up was the balance of the new external borrowing for 2021, which is about $6.1bn.

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