The London Stock Exchange has welcomed Nigeria’s first diaspora bond to start trading on the main market. 
 
The LSE, in an emailed statement  said the proceeds from the five-year, 5.625 per cent bond would be used to fund infrastructure projects in the country. 
 
It described the bond as the first from an African country that is registered with both the United Kingdom Listing Authority and the United States Securities and Exchange Commission and targeted at retail investors.