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Nigeria’s Central Bank Cut a Rate Its Market Was Pushing Higher

Nigeria treasury bills cleared at 17.15 percent for one year, a 44 basis point cut, after bids of N3.63 trillion chased just N500 billion on offer.

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riotimesonline.comStai leggendo8 g fa

Nigeria treasury bills cleared at 17.15 percent for one year, a 44 basis point cut, after bids of N3.63 trillion chased just N500 billion on offer.

Investors are increasingly positioning for longer-term returns in Nigeria’s fixed-income market, with the latest treasury bills auction showing an