Response to Bloomberg’s report on Nigeria’s savings bond payments
Bloomberg’s recent report titled “Nigeria Says ‘System Issues’ Delaying Coupon Payment on Savings Bond” is inaccurate. According to Nigeria’s Finance Minister and Coordinating Minister of the Economy, Mr Wale Edun, the country currently owes no outstanding payments. Nigeria has sufficient liquidity to meet all its financial obligations, and there is no default or delay in servicing our debts. Additionally, the …