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Nigeria to Seek $3.3 Billion in African Eurobond Rush

  • Buhari wants approval to return to international debt market
  • Nigeria to follow Gabon, Ghana in selling sovereign debt
Muhammadu Buhari
Muhammadu BuhariPhotographer: Drew Angerer/Getty Images
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Nigeria plans to return to international debt markets with a $3.3 billion Eurobonds sale after staying out last year, joining African peers in taking advantage of investors’ voracious appetite for high-yielding debt.