The Central Bank of Nigeria (CBN) raised the yields on one-year Nigerian treasury bills (T-Bills) to 21.49 percent at the most recent primary market auction. It represented the third consecutive time the apex bank was raising the yields on one-year NT-bills The increment started at the first auction in August when yields spurred to 19.76. This marked a reversal from the downward trend seen most of this year. Yields on the one-year T-bills declined to 18.96 percent in July from 29.1 percent at the start of the year. The trend mirrors th
The Central Bank of Nigeria (CBN) raised the yields on one-year Nigerian treasury bills (T-Bills) to 21.49 percent at the most recent primary market auction. It represented the third consecutive time the apex bank was raising the yields on one-year NT-bills The increment started at the first auction in August when yields spurred to 19.76. This marked a reversal from the downward trend seen most of this year. Yields on the one-year T-bills declined to 18.96 percent in July from 29.1 percent at the start of the year. The trend mirrors th