Nigeria: Confusion over debt restructuring plans drives eurobonds sell-off

  • Nigeria finance minister's comments on debt restructuring lead to wide sell-offs in eurobonds

  • As IMF concluded its visit in Ghana, the central bank hiked by 250bps; there are plans to rebase inflation

  • IMF revises growth forecast for Sub-Saharan Africa to 3.7% in 2023, which is still stronger than the global economy
October 14th, 2022
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