Foreign holding of Nigerian debt doubles to 10% says Standard Chartered

by | November 6, 2017 9:23 am

Foreign holdings of Nigerian government debt may have more than doubled from around five percent a year ago, according to Standard Chartered Plc and that has helped the naira to appreciate 2 percent since August to 355.49 per dollar, trimming its loss in 2017 to 13 percent. The improved prospects have let to yield on one-year…

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