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.

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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. This decision to convert the acquired loans into bonds will further assure investors that the borrowed money was...
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