Nigeria has successfully raised US$2.35 billion from the international capital market through a dual-tranche Eurobond issuance maturing in 2036 and 2046, attracting a record US$13 billion in orders, the country’s largest ever.

The bonds were priced at 8.63% and 9.13%, reflecting strong investor confidence in Nigeria’s ongoing economic reforms and fiscal management.

President Bola Ahmed Tinubu hailed the response as proof of global trust in Nigeria’s reform agenda, while Finance Minister Wale Edun said the outcome underscores the country’s commitment to sustainable and inclusive growth.

According to DMO Director-General Patience Oniha, the funds will help finance the 2025 fiscal deficit and support national development goals.