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NIGERIAN EUROBONDS NOVEMBER 24, 2020: 6.75% $500M Jan 2021 – 100.860/ 1.624%,   5.625% $300M Jun 2022 – 103.527/3.318%,   6.375% $500M Jul 2023 – 107.314/3.435%, 7.625% $1.118BN Nov 2025 – 112.595/4.847%,  6.500% $1.50BN Nov 2027 – 105.077/5.613%,   7.143% $1.25BN FEB 2030 – 105.354 1/ 6.366%, 8.747% $1.0BN Jan 2031 – 113.247/6.908%,   7.875% $1.50BN Feb 2032 – 108.120/6.825%,   7.696% $1.25BN Feb 2038 – 104.400 /7.243%,  7.625% $1.50BN Nov 2047 – 102.961/7.371%,   9.248% $750M Jan 2049 – 114.136/7.978%.
Business Finance Info & Updates

Oil price nears $44

Oil prices have neared $44, on the back of hopes that the Organisation of the Petroleum Exporting Countries+ production cuts will increase amid the coronavirus pandemic to sustain price pressure.

Anadolu Agency reports that Brent crude was trading at $43.30 per barrel at 7:38 am on Monday with a 1.22 per cent increase after closing Friday at $42.78 a barrel.

Similarly, West Texas Intermediate traded at $40.73 per barrel, recording for a 1.49 per cent increase after ending the previous session at $40.13 a barrel.

Oil markets began the week on an optimistic upswing, with hopes that OPEC+ will keep the current production cuts, as global demand remains week amid increasing coronavirus cases.

Punch

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