Technology stocks led the advances, and the Nasdaq outperformed with a gain of 1.8% during the session.
Official: Nigerian Treasury bills calendar March - May 2021
Nigeria’s pension asset under management hits N12.3trillion in December 2020.
The barbell investment strategy as a concept suggests that the best way to strike a balance between reward and risk.
Since the beginning of 2020, pension fund managers have moved out about N1.112 trillion of treasury bills investments into mostly FGN Bonds.
Nigeria's treasury bills rate was oversubscribed despite falling to 0.5%.
While the current prevailing rate of 2% might not be good news for investors, the low rates could be better for the Nigerian economy.
The latest data from Nigeria’s Treasury bill auction shows that Nigeria’s 364-day reduced by 2%.
Why credit ratings, guarantees, other enhancements matter.