Nigeria's leading finance and market intelligence news report.

Naira slumps, bond yields climb as foreign appetite sours

The sudden postponement of the Nigerian general elections has scuppered investors’ new found love for naira assets. Before the sudden delay in the February 16 elections, investors were helping themselves to cheap Nigerian stocks and mouth-watering returns on government bonds. The same investors, who had fled the market in the months leading up to February…

or to read full article

Comments are closed, but trackbacks and pingbacks are open.