April 1, 2020 / 4:07 PM / 2 months ago

Nigeria's Fidelity Bank prepares eurobond coupon before due date -executive

ABUJA, April 1 (Reuters) - Nigeria’s Fidelity Bank has transferred $21 million to the bond trustees for its eurobond coupon payment due in two weeks, a senior executive said, citing contingency plans for a potential coronavirus lockdown.

Lagos, Africa’s largest city with, ground to a halt on Tuesday and the Nigerian capital Abuja entered a two-week lockdown to slow the spread of the virus. (Reporting by Chijioke Ohuocha Editing by David Goodman)

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