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BusinessDay
Nigeria's leading finance and market intelligence news report.

Nigeria’s March inflation widens negative real return on investment

Fixed-income investors seeking high-yielding securities in the light of the prevailing developments in the markets were not disappointed in the last auction on Wednesday, as rates on the 364-day Federal Government short-term Treasury bills (T-bills) rose to 9 percent from 1.5 percent at the beginning of the year. But with Nigeria’s 18.17 percent inflation rate…

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