Nigerian Stocks Gain Most in 4 Years, Bonds Rally on Buhari Win

April 1, 2015 9:48 AM

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(Bloomberg) -- Nigerian stocks rose the most since September 2010 and bonds rallied after former military ruler Muhammadu Buhari defeated President Goodluck Jonathan in a largely peaceful vote.

The Nigerian Stock Exchange All Share Index rose for a ninth day to extend its longest streak of gains since December 2012. The West African nation’s $500 million of Eurobonds due in July 2023 advanced for the 11th day, pushing the yield down to the lowest since Dec. 8 on a closing basis, amid specu...

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