February 27, 2019 / 9:28 AM / in 21 days

Nigeria bonds rise after Buhari Presidential election win

LONDON, Feb 27 (Reuters) - Nigeria’s dollar-denominated government bonds rose to 5-7 month highs on Wednesday after Muhammadu Buhari won a second term at the helm of Africa’s largest economy and top oil producer.

The country’s longer-dated bonds were up as much as 0.8 cents in the dollar to extend a more than 10 cents rally since the start of the year. (Reporting by Marc Jones; editing by Tom Arnold)

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