Nigeria Proposes West African Bond Reforms
Nigeria has proposed sweeping capital market reforms to integrate West African trading and unlock funding for regional infrastructure. The plan includes a passport regime for issuers and unified investor identification across ten countries.
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Nigeria proposed regional capital market reforms on Tuesday to enable cross-border bond trading and unlock long-term infrastructure funding. Finance Minister Taiwo Oyedele announced the initiative during an S&P Global Inc. ratings event in Lagos.
