Following selloffs of bonds due in March 2025, the average yield on the Federal Government of Nigeria (FGN) has increased by 22 basis points to close at 16.80%. The secondary market’s risk-off sentiment after the spike in inflation preceded the upswing. The ongoing depreciation of the naira’s value has caused investors in the financial industry … Continue reading FGN Bond Yield Peaks At 16.8% After Under Booked Auction