Nigeria’s first domestic USD bond sets new milestone as United Capital raises $900m

Nigeria’s first domestic USD bond sets new milestone as United Capital raises $900m

Nigeria’s premier financial services institution, United Capital Group, has demonstrated its expertise in the capital markets by leading the issuance of the Federal Government’s Domestic US Dollar Bond. The bond, which raised over $900 million with a 180 per cent subscription rate, marks a historic milestone as Nigeria’s first-ever domestic USD-denominated bond. The overwhelming demand

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