The Central Bank of Nigeria (CBN) has taken a measured step to lower spot interest rates on Nigerian Treasury Bills (NTBs) with 91-day and 364-day maturities, following a highly competitive Primary Market Auction (PMA) held on Wednesday. Despite overwhelming investor demand, the apex bank rejected all excess bids beyond the offered amount. At the auction, … Continue reading CBN Reduces Treasury Bill Rates, Declines Oversubscribed Bids Amid Strong Investor Interest