A-N-N-O-N-C-E-M-E-N-T: Latest Nigerian Bond Sales Fail To Hit Target

Reuters reports Nigeria raised 76.5 billion naira ($375.2 mln) at a bond auction held on Wednesday, short of its target amount of 90 billion naira, the Debt Management Office (DMO) said on Thursday. Dealers said the bond attracted low interest among investors, who were demanding higher yields in the wake of falling oil prices and […]