Nigeria Successfully Raises $2.2 Billion Through Eurobond Issue, Marking Return to International Markets
20 days ago
Nigeria has marked its return to the international debt market by successfully raising $2.2 billion through its first Eurobond issuance since 2022. This move comes as the West African nation seeks to address pressing fiscal challenges while also supporting its economic recovery efforts amidst complex financial conditions.
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New Zealand Treasury Raises Alarm Over Surging Government Debt
3 months ago
The New Zealand Treasury has voiced growing concern over the increases in government debt that have blown out significantly through the economic downturn. A warning by the Treasury in a recent fiscal report made clear that the government needs to take action to contain what is rapidly becoming an unsustainable debt path.
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