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July 2, 2025
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Amid Hardship, Tinubu Plans to Borrow N2.5 Trn Through FGN Bond in February

EditorFebruary 15, 2024February 15, 202402 mins

Chief Bola Tinubu is set to procure N2.5 trillion in the upcoming second FGN bond auction of the year, as disclosed by the Debt Management Office in a circular released on Wednesday. This offering consists of two tranches: one valued at N1.25 trillion maturing in February 2031 and another N1.25 trillion with a 10-year tenor….

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