Nigeria's leading finance and market intelligence news report.

Interest rates fall further as portfolio investors flood market

…CBN auctions N89.5bn T-Bills at 10.75%-12.84%…Oversubscribed by N200.17bn


Interest rates in Nigeria’s fixed income market have been further lowered following the influx of foreign investors after the general elections. The interest rate which the Central Bank of Nigeria (CBN) offered for the Nigerian Treasury Bills (NTB) auction on Wednesday was between 10.75 percent and 12.84 percent for the various tenor days, as against…

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