For those discouraged by the low treasury bills rate currently obtainable in Nigeria, Ghana might just be the next destination. Treasury bills in Ghana for the first week in January was 23% for a 1 year investment, 91 day yield is about 22.79% and 182 days yield now 24.35%.

Just like Nigeria, Ghana has been battling with a commodity bust that has made its currency one of the worst performing currencies in Africa.



Treasury bills rate in Nigeria has plummeted since the CBN changed its monetary policy stands and reduced the CRR to 20% and MPR to 11%. 90 days treasury bills rate in Nigeria 4.04%, 182 days 7.86% and 365 days 8.14%

Nairametrics is Nigeria's top business news and financial analysis website. We focus on providing resources that help small businesses and retail investors make better investing decisions. Nairametrics is updated daily by a team of professionals. Post updated as "Nairametrics" are published by our Editorial Board.



Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.