Nigeria raised on Wednesday, November 5, 2025, 2.35 billions of dollars on the international market through the issuance of Eurobonds, after generating a record demand of 13 billion dollars, announced the Debt Management Office (DMO). It is the highest subscription never registered by the country.

Patience Oniha, Director General of the Management Office of debt, said Wednesday evening: “Nigeria's ability to access Eurobond market to raise long-term financing, necessary for supporting President Bola Ahmed Tinubu's growth agenda is a major breakthrough.”

The office specified that the 10-year bonds were issued at a rate of 8.6308% and those at 20 years at 9.1297%, i.e. below initial pricing indications.

The proceeds from this Eurobond issue will be used to finance the 2025 budget deficit of the most populous country in Africa