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Nigeria and the single-digit interest rate, is this a new normal?

…a key question for investment and business decisions

In fulfilment of monetary policy authority’s aspiration for a single digit interest rate environment, the sovereign yield curve continues to trend lower, with yields on Federal Government Bonds hitting decade low. Across all tenors, including the 30-year maturity, yields on FGN Bonds are at single digit. This new interest rate environment reinforces the confidence of…

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