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Nigeria’s plain vanilla bonds traded softly prior to the monthly DMO auction, with limited activity and sell-offs prevalent in mid-term maturities. The auction will offer N300 billion in bonds, the …
Nigeria’s Plain Vanilla Bonds Experience Soft Trading Before Upcoming Auction Read More
The IMF has characterized Nigeria’s debt as moderate and not high risk, urging the government to pursue targeted social interventions. As of September 30, 2024, the nation’s debt has risen …
IMF Assures Nigeria: Debt Remains Moderate Amid Economic Challenges Read More
Nigeria’s Eurobond market closed February positively with average yields at 8.80%, reflecting strong foreign investor confidence. The Sub-Saharan market showed an overall decline, with Nigeria outperforming at this yield. Analysts …
Nigerian Eurobonds Experience February Rally Fueled by Foreign Investor Confidence Read More
Nigeria, alongside nine other African countries, accounts for 69% of the continent’s external debt, as reported by Afreximbank. The report highlights rising debt levels spurred by underdeveloped financial markets and …
Nigeria and Nine Others Contribute to 69% of Africa’s External Debt, Reports Afreximbank Read More
The average yield on Nigerian government bonds decreased to 18.53% due to strong buying activity as investors reacted to declining inflation and stable interest rates. A recent bond auction conducted …
Nigeria Bonds Yield Declines to 18.5% as Investor Sentiment Strengthens Read More
Nigeria has raised US $2.2 billion through Eurobond issuance, attracting over US $9.0 billion in demand, indicating strong international investor confidence amidst ongoing economic reforms. The offering saw widespread participation …
Nigeria Successfully Raises US $2.2 Billion Through Eurobond Issuance Read More