Naira assets draw fresh attention as bond yields reshape investor strategy

Nigeria's fixed-income market is attracting renewed attention as yields continue to offer compelling returns for local and offshore investors.

Market participants say confidence remains cautious, with portfolio flows still sensitive to currency stability and the pace of disinflation.

A Lagos-based fund manager said investors are looking for consistency from monetary authorities before extending duration.

The broader outlook will depend on oil receipts, external reserves and the credibility of fiscal consolidation efforts.