Robust investors appetite for the one-year bills on Wednesday exerted downward pressure on one-year bills yield, contracting to 28.02 percent from 28.36 percent recorded in the previous auction.
The stop rate at this auction also fell to 21.89 percent from 22.1 percent at the previous auction.
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Eniola Olatunji
Eniola Olatunji is an experienced journalist at BusinessDay, where she has specialized in reporting on personal and business finance since March 2022.
She focuses on creating engaging and precise news stories, with a keen emphasis on the fixed-income market, banking, personal finance, cost of living, and the Nigerian economy. Her work also encompasses extensive market research and economic trend analysis.
Eniola is passionate about empowering individuals to make informed financial decisions and is dedicated to shedding light on the intricate workings of the economy. She holds a Bachelor of Science degree in Pure & Applied Chemistry from the University of Lagos.
Eniola Olatunji was shortlisted for The Future Awards Africa Prize for Journalism..
