Nigeria bonds on 7-month high after Buhari Presidential election win

Wed, Feb 27, 2019 | By publisher


Business

Nigeria’s dollar-denominated government bonds rose to 5-7 month highs on Wednesday after President Muhammadu Buhari, won a second term at the helm of Africa’s largest economy and top oil producer.

The country’s longer-dated bonds were up as much as 0.8 cents in the dollar to extend a more than 10 cents rally since the start of the year. (Reuters/NAN)

 

– Feb. 27, 2019 @ 12:25 GMT |

Tags: Nigeria bonds rise after Buhari Presidential election win


Related Posts

Expert advises start-ups to tap into energy, food deficits

AN economic expert has advised business start-ups to capitalise on the vast opportunities present in the nation’s energy, food, and...

Read More
NELFUND Loan: UniCal students appeal for extension of school fees payments

STUDENTS of the University of Calabar (UniCal) have appealed to the management of the institution to extend the deadline registration...

Read More
Renowned journalist Gary Al-Smith joins Sporty Group as Regional Content Lead in Ghana

SPORTY Group has announced the appointment of Gary Al-Smith, a distinguished Ghanaian sports journalist, as the Regional Content Lead in...

Read More

Most Read

BusinessWatch all DStv stations free for 72hrs – MultiChoice By editor1 MIN READ
BusinessAfreximbank participates in Bank of Industry Nigeria’s syndicated facility of up to EUR 2-billionBy editor1 MIN READ
AfricaAbuja stampede: Wike directs free treatment for victimsBy editor1 MIN READ
AfricaEnergy Industry Congratulates John Mahama on Re-election, Commends Progress in Oil and Gas SectorBy editor1 MIN READ
EducationABU International Studies Alumni offers scholarships to 20 indigent students By editor1 MIN READ

Subscribe to Our Newsletter

Keep abreast of news and other developments from our website.

Latest Stories

Prioritise positive reportage to foster unity – DSS urges Sokoto Journalists
NAHCON

Group tasks NAHCON acting secretary on hitch-free hajj operations

FG to partner global lessors to advance domestic airline growth- Keyamo