Nigeria waits for trade winds to pick up again

Last Updated March 11, 2009
Nigeria waits for trade winds to pick up again

Nigeria waits for trade winds to pick up again

Both the state and private banks in Nigeria are increasingly looking for international capital, writes Kevin Godier. But will they find it?

A key event looming in 2009 is Nigeria’s planned launch of an international bond, testifying to the government’s belief that the credit strength of the sovereign will override global market nerves, and allow Nigeria to follow in the wake of other recent emerging market issuers such as Mexico and Turkey.

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