Citizens Channel
Economy

FG Launches $500 Million Domestic Bond To Strengthen Economic System

The Federal Government has unveiled a $500 million domestic bond, approximately three weeks after announcing the initiative.

Speaking in Lagos on Monday, Finance Minister and Coordinating Minister of the Economy, Wale Edun, described the launch as a bold move toward economic transformation, designed to attract both local and international investors.

“This historic initiative is aimed at raising a minimum of $500 million from both local and international investors, marking a significant step in Nigeria’s ongoing economic reform and development efforts” Edun stated.

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