treasurybills #nigeriaeconomy #interestrates #nigeriabusiness

CBN’S MASSIVE RATE CUT HITS TREASURY BILLS AS YIELDS TUMBLE AND ₦4 TRILLION CHASES ONE YEAR PAPER

Nigeria's Treasury bill market has reacted sharply to the Central Bank's 350 basis point interest rate cut, with stop rates falling across all three maturities and investors pouring more than ₦4 trillion into the 364 day bill alone.