Most of the commentators above are ignorant. Bonds are not delisted for political reasons or for economic under performance.Bonds are delisted because the local regulatory environment and trading climate makes it unreasonably difficult for foreign investors to enter and exit their trades. I believe most emerging economies will benefit from having well functioning capital markets. Nigeria needs a coherent strategy based upon the benefits of the country, as opposed to individual stakeholders.The bond market is of course only a small symptom of things gone wrong.