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Nigeria’s eurobond offer oversubscribed at $9.1bn, boosts investor confidence

Nigeria’s latest Eurobond offer has been oversubscribed at $9.1 billion, marking a successful return to the international bond market after a two-year hiatus and signaling potential investor confidence in the country’s economy. The dual-tranche Eurobond was issued under Nigeria’s Global Medium Term Note Programme to finance the 2024 fiscal deficit. Despite the oversubscription, with bids […]