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T-bills yields shrink to 2% as investors post record N493bn unsuccessful bids

Published by BusinessDay on Fri, 16 Oct 2020


More than N493 billion worth of unsuccessful transactions were recorded at the Nigerian Treasury Bills (T-Bills) auction conducted Wednesday by the Central Bank of Nigeria (CBN) on behalf of the Federal Government of Nigeria (FGN), as excess liquidity drags for limited investments instruments. With the shortage in attractive investment opportunities in Nigeria amid the low []
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