#power sector bond

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FGN Issues ₦728.98B Power Sector Bond to Resolve Debt

The Federal Government of Nigeria expanded its sovereign borrowing programme with the issuance of approximately ₦728.98 billion under Series 2 of its ₦4.00 trillion Power Sector Multi-Instrument Issuance Programme to resolve chronic liquidity deficits across the power sector.

Nseime Brownson
Nseime Brownson
6 min