Nigeria asks Goldman, Stanbic to help sell debut "diaspora bond"

Nigeria has asked Goldman Sachs and the local unit of South Africa's Standard Bank to advise it on the sale of a debut "diaspora bond" targeted at Nigerians living abroad, Stanbic IBTC Bank said on Monday. Such bonds are a form of government debt that targets members of the national community abroad and Africa's biggest economy first announced plans to sell them in 2013 to raise between $100 million to $300 million. Goldman Sachs and Stanbic were due to manage the sale at the time, but the gover