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Nairaland Forum / Nairaland / General / Business / FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance (6989 Views)
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FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by milann: 11:49am On Aug 05, 2021 |
The federal government has appointed Transaction Advisers for a $6.2 billion Eurobond Issuance set for part-funding of its estimated N5.2 trillion deficit in the 2021 Budget. https://www.vanguardngr.com/2021/08/fg-appoints-transaction-advisers-for-6-2bn-eurobond-issuance/ 1 Like
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Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by Youngzedd(m): 11:56am On Aug 05, 2021 |
RIP Nigeria 10 Likes |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by SP001: 11:56am On Aug 05, 2021 |
ftc |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by tempex88(m): 11:57am On Aug 05, 2021 |
CBN will be able to defend the naira 1 Like |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by inoki247: 11:57am On Aug 05, 2021 |
with everything wey dem dey colet left and right Dollar don dey waka go 1k laik diz... 2 Likes |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by boxypane(m): 11:59am On Aug 05, 2021 |
Of what effect will this still have on the economy? All of the expenditures in the last fiscal year amounted increased insecurity and food prices. 3 Likes |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by GIANTPLUSHUB: 11:59am On Aug 05, 2021 |
Mheen |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by oyeb15: 11:59am On Aug 05, 2021 |
Food has land for some people. We are just too corrupt in this country to dream about development. 6 Likes |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by PataAlhajaKeji(m): 12:00pm On Aug 05, 2021 |
boxypane: 1. More dollar inflows into the economy which will invariably shoot up our external FOREX reserves. 2. More funds to execute infrastructural development projects. 3. Increase in the value of the Naira. ... and trust me, the bonds will be fully subscribed as soon as it is issued. Foreign investors are not in doubt of Nigeria's debt capacity and financial viability. 2 Likes |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by saintol(m): 12:01pm On Aug 05, 2021 |
By the time these people are done with this country, everything would have burnt beyond recognition. 2 Likes |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by joeluv: 12:01pm On Aug 05, 2021 |
Funding rail line Kano to Niger republic. God help us 3 Likes |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by naturalflow: 12:01pm On Aug 05, 2021 |
Buhari fear your Allah na.All these debts you are pilling who will pay it. 2 Likes |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by aviara: 12:01pm On Aug 05, 2021 |
Pls anyone with information on how to invest in this eurobond |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by EKONGKING: 12:03pm On Aug 05, 2021 |
It's our oil gang who will be paying.rest of Nigeria need not worry |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by FMO101: 12:06pm On Aug 05, 2021 |
It is very very dangerous at this period that we are experiencing economic hardish in the country... May God safe this country |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by PataAlhajaKeji(m): 12:07pm On Aug 05, 2021 |
saintol: What do you know about eurobonds, investments and the economy? You think we are talking Bet9ja or baba ijebu here. Nonsense. 3 Likes 1 Share |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by resenne(f): 12:08pm On Aug 05, 2021 |
And what is the essence of these loans, if not to fund the infrastructural deficits the country is presently plagued with? Can they suggest another method of raising the much needed funds, if not via debt-financing? things are getting more harder by the day in this country. |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by saintol(m): 12:09pm On Aug 05, 2021 |
PataAlhajaKeji:hahaha, you don vex. Sorry! |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by boxypane(m): 12:10pm On Aug 05, 2021 |
PataAlhajaKeji:Invariable it should increase our GDP right? We thus also need to consider leakages of which bulk is corruption. If we can control the menace, I think we are good. More so, what is the worth of the brand called NIGERIA now in view of the current security challenges. 2 Likes |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by ayo84(m): 12:10pm On Aug 05, 2021 |
when three prominent people in this government has someone's email , they can't even reach out to them, is it pride or local politics and communication, we would soon be on top and inaccessible very soon lol |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by sapientia(m): 12:17pm On Aug 05, 2021 |
Everything this FG says and do fails This will not be any different In fact, this is another avenue to further impoverish Nigeria Proceeds ko Proceeds ni what have you people ever done that yielded fruit? NOTHING 1 Like |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by Ken91(m): 12:17pm On Aug 05, 2021 |
Looted money don't land sai baba carry go, from all of us lazy youth alias dot nation |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by PataAlhajaKeji(m): 12:18pm On Aug 05, 2021 |
boxypane: It will definitely increase our GDP in the long run via the funding of infrastructural development. Corruption is endemic in Nigeria. It will forever be with us. There's definitely gonna be illicit contract price inflation ... but the good thing about Buhari is that he has been delivering on infrastructure. Nigeria's worth in the global community is very high. Na we no value ourselves. Africa's biggest economy and most populated. The last Eurobond issuance was fully subscribed by international investment companies within a few days. |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by Julianaa: 12:25pm On Aug 05, 2021 |
Buhari want to finish Nigeria |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by plaetton: 12:25pm On Aug 05, 2021 |
PataAlhajaKeji:Absolute trash. A bond is debt, a high interest debt, a costly mortgage on a future. " He goes a borrowing who goes a sorrowing" . The idea of using debt to shore up foreign reserves is a fools errand. Who exactly are we supposed to impress by shoring up our foreign reserves with high interest debt ? Foreign reserves are supposed to showcase our productivity and foreign currency earnings capability, not our borrowing addiction. The more debt we carry, the more of our future earnings we use to service such debts. The deleterious chain reactional effect of carrying expensive debts, especially for a fantastically corrupt and unproductive generator economy should be obvious to even a 10yr old. 4 Likes |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by saintol(m): 12:42pm On Aug 05, 2021 |
PataAlhajaKeji:Smiling, 1+1 = 2, but here in Nigeria, it could be something else. Thank God you mentioned corruption. Once again sorry Mr James Bond. We already know the outcome. |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by Youngzedd(m): 12:51pm On Aug 05, 2021 |
plaetton: By the time APC government is done with us, we will ask, e still remain? That was why I don't wanna talk much by just commenting RIP NIGERIA. Damn! Too much debts on our neck. 1 Like |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by Premiumwriter2: 12:53pm On Aug 05, 2021 |
PataAlhajaKeji: Stop being naive please. This is a debt. Secondly, the dollar rising against the naira continously only indicates that this government has not been productive. All the debts they've been accumulating on weekly basis has been eaten up with nothing productive to show for it. If the previous debts have been utilized well, the dollar wouldn't be rising. |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by JohnSin97: 12:57pm On Aug 05, 2021 |
The movers, shakers and owners of this world..... God's willing one day my firm will stand amongst these guys. |
Re: FG Appoints Transaction Advisers For $6.2 Bilion Eurobond Issuance by Premiumwriter2: 12:58pm On Aug 05, 2021 |
plaetton:lols. You de mind the quack BMC com economist. So long as we are not investing our debts in productive areas, there's no reason why we should be borrowing. Our borrowings should be able to repay the debts in a few years but no one can say anything about how the debts we are accumulating will be paid off. 2 Likes |
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