Nigeria Eurobond yields are approaching their lowest levels in three years as investors flock to the West African nation’s debt, buoyed by sweeping economic reforms and a stronger policy signal from President Bola Tinubu’s administration.
The drop in yields reflects renewed investor confidence, driven by exchange rate liberalisation, subsidy removal and progress on tax reforms. The reforms have positioned Nigeria as a top reform story among frontier and emerging markets this year.
Hence, the average yield on Nigerian Eurobonds is on cours
