Yield Hits 7-Month High As FPIs Exit Nigeria, African Eurobonds

Nigerian and other African sovereign Eurobonds saw significant selloffs as foreign portfolio investors (FPIs) moved toward safer assets amid heightened global uncertainty. This was primarily triggered by U.S. President Donald Trump’s decision to impose higher tariffs on imports, sparking a wave of risk-off sentiment that negatively impacted global markets, including those in Africa. Details from … Continue reading Yield Hits 7-Month High As FPIs Exit Nigeria, African Eurobonds