Investors Flock to Nigerian Treasury Bills Amid Surging Inflation

Nigeria’s Treasury bills secondary market witnessed heightened activity, closing the trading week on a bullish note despite the inflation rate spiking to 34.80% in December. Amid inflationary concerns, investors increased their portfolio holdings in Treasury bills, leading to yield contraction across the curve. The average yield dipped by 12 basis points to 25.2%, reflecting sustained … Continue reading Investors Flock to Nigerian Treasury Bills Amid Surging Inflation