Nigeria Eyes $2.9 Billion Debt Raise to End Power Shortages
Nigeria plans to raise 4 trillion naira ($2.9 billion) from its domestic capital markets to settle outstanding debts owed to power companies as it seeks to end perennial blackouts in...
By Anthony Osae-Brown, Ruth Olurounbi · Bloomberg Markets
Nigeria plans to raise 4 trillion naira ($2.9 billion) from its domestic capital markets to settle outstanding debts owed to power companies as it seeks to end perennial blackouts in the West African nation.