LAGOS (Reuters) – Nigeria’s upper house approved on Wednesday a request by the government to sell a $500 million Eurobond to help fund the 2017 budget, its deputy president said.
“The Senate considered the request of Mr. President for the approval of $500 million Eurobond from the international capital market. The request is hereby approved,” Ike Ekweremadu, deputy Senate president, said in a televised debate.
(Reporting by Chijioke Ohoucha and Oludare Mayowa; Editing by Alison Williams)
