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The Nigerian government plans to convert its CBN loans to 40 years bond

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Abdulmajidkhs

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The Nigerian government plans to convert its CBN loans to 40 years bond

The Federal government of Nigeria has disclosed its plans to convert over 20 trillion naira ($45.4 billion) of the loans it has acquired previously from the CBN into a 40-years bond.

www.wikifx.com

The Nigerian government plans to convert its CBN loans to 40 years bond

The Federal government of Nigeria has disclosed its plans to convert over 20 trillion naira ($45.4 billion) of the loans it has acquired previously from the CBN into a 40-years bond. This decision to convert the acquired loans into bonds will further assure investors that the borrowed money was...
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