Investors strong demand for longer-dated Nigerian Treasury Bills pushed the one-year yield down to 16.20 percent at the Central Bank of Nigeria’s primary market auction held on Wednesday.
The 364-day bill recorded the highest level of demand, with subscriptions of N2.63 trillion against an offer
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Chioma Nwangwu
Chioma Nwangwu is a Tax Reporter at BusinessDay, covering Nigeria’s tax policies, regulatory reforms, and compliance trends. She reports on how evolving tax rules impact businesses, investors, and the economy, translating complex fiscal regulations into clear, actionable insights.
