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Nigeria’s high system liquidity pushes investors to ignore 13.2% inflation risk

…as yields on T-bills move close to negative …investors post N45bn unsuccessful bids

More than N45 billion worth of unsuccessful transactions were recorded at the Nigerian Treasury Bills (T-Bills) auction conducted Wednesday by the Central Bank of Nigeria (CBN) on behalf of the Federal Government of Nigeria (FGN) as excess liquidity chased after the limited investments instruments. With the few attractive investment opportunities in Nigeria amid the low…

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