Business

OFFICIAL: Nigeria repays $500 million Eurobond on Due Date

Nigeria, Africa’s largest economy, has fulfilled its debt service obligations by redeeming a $500 million Eurobond on its scheduled due date of July 12, 2023.


This redemption marks another milestone in Nigeria’s successful debt management operations and planning.


Nairametrics first reported that the $500 million Eurobond which was due for repayment this month in line with the terms.