Nigeria

Nigeria's central bank opened OMO auctions to individuals and firms and lifted key bank borrowing restrictions, separating daily cash management from its rate-driven inflation strategy.

JBS NV's joint venture with Danantara Investment Management targets protein markets in Southeast Asia, Australia and New Zealand, while a separate $2.5 billion Nigeria plan faces civil society opposition and threatened legal action.

The National Economic Council approved the facility for NNPC Limited, replacing a $3.3 billion arrangement and freeing capital for infrastructure spending.

International institutional investors bypassed Nigeria's world-leading stock market this year, directing capital into sovereign debt drawn by high yields across the curve.