Biggest banks earned N824.28bn from T-bills in 2019

March 16, 2020

Nigeria’s inflation leaves T-Bills investors with little to cheer

According to the T-bills auction result for March 17, 2021, investors bid at a rate as high as 8 percent

Nigeria’s largest banks realized N824.28 billion from interest income from government securities in 2019, which may be tougher to replicate this year. The amount raked by them in 2019 represents 11.43 percent increase from N739.32 billion they made in 2018, according to data gathered by BusinessD

```

Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```