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T-Bill rates increase first time in 3 months as FG seeks budget deficit fund

…allotment exceeds offer by N108bn

Fixed-income investors seeking high-yielding securities in the light of the prevailing developments in the markets were successful for the first time in three months, as attempts by the Federal Government to raise revenue to fund budget deficit led to an increase in stop rates.   More than N142.76 billion worth of successful transactions were recorded…

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