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

‘Electricity Is Not A Luxury But A Fundamental Right’ -Minister Of Power

‘We Have Received Payments From FG To Subsidise Fuel’ -NNPCL Confirms

Hunger Protest: Tinubu Meets With APC Governors, Traditional Rulers, Islamic Scholars

Leave a Comment

Exit mobile version