The Federal Government, in collaboration with the Austrian Stock Exchange, has floated a special purpose vehicle (SPV) named ESME Limited to fund investments in Nigeria. Minister of Budget and Economic Planning Senator Abubakar Bagudu disclosed this while addressing the GPF Global Vienna Meeting in Vienna, Austria, virtually. He said there are plans for a bond issuance on the Vienna stock market to raise capital for investments in key sectors of the Nigerian economy. The address focused on financing Africa's future through the Vienna Stock Exchange as a gateway to European capital markets.
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