By Emma Ujah

The Federal Government’s $500 million Bond has received an overwhelming response, with subscriptions exceeding the target by $400 million.

Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, expressed his delight at the development, stating, “I am thrilled to see that our initiative has not only bolstered Nigeria’s economic resilience but also paved the way for the expansion of capital markets across African economies.”

As Chair of the African Caucus, Mr. Edun’s enthusiasm reflects the significance of this achievement, which demonstrates investors’ confidence in Nigeria’s economic prospects and the potential for growth in African capital markets.

Details soon….