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Nigerian T-Bill Yields Rise

by
March 11, 2020
in News

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Nigerian Treasury bill yields rose across the board while the currency was quoted weaker on Tuesday as investors worried about a collapse in oil prices, widened spreads across asset classes, traders said.

Treasury bills fetched between 16% and 17% on Tuesday, up from 14% before the oil price row. The naira quoted at 367 over-the-counter, from 366 in its previous session.

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