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Sovereign Wealth Funds Briefing - Categorized | Asset Allocation

Nigeria sells $Ibln bonds - Okonjo Iweala

Posted on 04 July 2013

The Minister of Finance, Mrs Ngozi Okonjo-Iweala, said on Wednesday that Nigeria returned to the capital market after two years of absence and sold $1 billion dollar bond with ease. Okonjo-Iweala said this in Abuja while briefing newsmen on the recently concluded road show in Europe and U.S. to float the billion dollar bond.
The Director-General, Debt Management Office (DMO), Dr Abraham Nwankwo said Nigeria’s decision to transfer from using Excess Crude Account (ECA) to Sovereign Wealth Fund helped to portray the country in good light………………………………………..Full Article: Source


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