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Fitch projects Nigeria’s external debt service to rise to $5.2 billion in 2025 from $4.7 billion in 2024, with significant repayments including $1.1 billion due for a Eurobond. Concerns about …
Fitch Projects Significant Increase in Nigeria’s External Debt Service for 2025 Read More
Nigeria’s plain vanilla bonds are trading softly in the secondary market before the DMO’s monthly auction. Limited activity, selloffs in mid-term bonds, and increased average yields characterize the current scenario. …
Nigeria’s Plain Vanilla Bonds Experience Soft Trading Ahead of Auction Read More
Nigeria’s debt service payments dropped to $276 million in February 2025, a significant decline from $540 million in January. This reduction is attributed to government efforts in restructuring debt and …
Nigeria’s February 2025 Debt Service Payments Decline Significantly Read More
Nigeria’s economy is recovering faster than expected, marked by easing inflation, rising FDI, and a stable Eurobond market. The CBN’s decision to maintain interest rates has increased investor confidence, supported …
CBN Reforms Enhance Nigeria’s Investment Appeal Amid Economic Recovery Read More
In February, Nigeria’s Eurobond market recorded positive momentum with a decline in average yield to 8.80 percent from 9.21 percent, indicating strong foreign investor interest. Yields in the Sub-Saharan African …
Foreign Investors Fuel February Rally in Nigerian Eurobonds Read More
The average yield on Nigerian government bonds has reduced to 18.53% due to profit-taking by investors and favorable market conditions. The DMO’s recent bond auction highlighted strong investor interest, with …
Nigeria Bonds Yield Declines to 18.5% Amid Increased Investor Activity Read More
Nigeria has raised US $2.2 billion through 6.5-year and 10-year Eurobonds, with peak orders surpassing US $9 billion. This reflects strong global investor confidence in Nigeria’s economic framework and fiscal …
Nigeria Successfully Prices US $2.2 Billion Eurobonds, Signaling Investor Confidence Read More