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.

Related posts

Port Harcourt Refinery Begins Oil Production After Years Of Inactivity

Esther Samson

We Are Creating Investment Opportunities To Develop Our State -Gov Mutfwang

Esther Samson

Naira Depreciates 51.5% Against Dollar In One Year Under CBN Governor Cardoso

CitizensChannel

Leave a Comment

Exit mobile version