Updated: Nigerian Senate approves additional $500m Eurobond

Updated: Nigerian Senate approves additional $500m Eurobond

Nigeria is set to tap the international debt market for the second time in two months, after lawmakers approved an executive request, Wednesday, to float a $500 million Eurobond. The bond will be used to fund the 2016 budget, according to Yemi Osinbanjo, the country’s vice president, who said last month, that Nigeria will target…

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