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Oil rally breathes life into Nigeria Eurobonds after difficult March

Nigeria Eurobonds are almost unrecognisable from when they were being dumped by investors at a frantic pace in March 2020, but they now have a resurgent oil price to thank for the dramatic change in fortunes. The yields on Nigeria’s 2032 Eurobond have collapsed to a one-year low of 6 percent as prices rallied to…

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