Nigeria expects $700 mln from multilateral sources -DMO

By Kitco News / January 16, 2018 / www.kitco.com / Article Link

ABUJA, Jan 16 (Reuters) - Nigeria expects to raise $700 million from multilateral sources, part of a $3.5 billion in borrowing earmarked in the 2017 spending plan, the Debt Management Office (DMO) said on Tuesday.

The government raised $2.8 billion in the international market last year, selling $2.5 billion in Eurobonds in November and another $300 million via Diaspora bonds earlier.


(Reporting by Chijioke Ohuocha; Editing by Kevin Liffey)

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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