Nigeria Bonds Rise After Buhari’s Presidential Election Win

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)

Source:- Premiumtimesng