Tuesday, 2 August 2011

Rivers State plans 250 bln naira bond issue

One of the states in Nigeria's oil-rich Niger Delta plans to issue a 250 billion naira ($1.63 billion) bond in October to fund infrastructure projects in the region, the state governor's office said on Sunday.

A similar issue two years ago by Lagos State, the major commercial hub in Africa's most populous nation, was well subscribed by investors.

Full Story

No comments:

Post a Comment