Nigeria bonds rise after Buhari Presidential election win

984

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)

Kindly support the growth of journalism in Nigeria
To Receive FREE Newdawn News Online on your phone, text your number to +2348104502834



Leave a Reply

Your email address will not be published. Required fields are marked *