Nigeria's leading finance and market intelligence news report.

Nigeria’s risk premium hits 1yr high despite rising oil prices

Investors are demanding higher returns from Nigeria to be holders of its debt as compensation for tolerating its high-risk environment, even at a time when oil prices are on a tear. The extra compensation investors demand to hold Nigeria’s benchmark 10-year bond rather than the 10-year US Treasury hits 9.4 percent in February from 8.9…

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