Nigeria is planning its first Eurobond issuance since 2022, engaging prominent investment banks like Citigroup, JPMorgan, and Goldman Sachs for advisory services. The bond issuance, expected before June, aims to raise around USD 1 bln to support the nation’s fiscal needs, contributing to the financing of a projected budget deficit of 9.8 tln naira for 2024, representing 3.8% of the GDP.