Nigeria Eurobonds near junk, shut out of debt market

The high yields on Nigeria’s Eurobonds is making it impractical for the government to raise fresh dollar debt.

The high yields on Nigeria’s Eurobonds is making it impractical for the government to raise fresh dollar debt, effectively shutting Africa’s second largest oil producer out of the international capital market. The country’s latest $1.25 billion bond, which is due in 2029 and was issued at a

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