Why Treasury Bills at 2% is actually a good thing
While the current prevailing rate of 2% might not be good news for investors, the low rates could be better ...
This category contains information about Treasury Bills in Nigeria.
Treasury Bills are short-term debt instruments issued by the Federal Government through the Central Bank to provide short term funding for the government. They are by nature, the most liquid money market securities and are backed by the guarantee of the Federal Government.
While the current prevailing rate of 2% might not be good news for investors, the low rates could be better ...
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.
Financial and investment experts tell us where to invest a million naira today.
With inflation holding steady, the low yields end up translating to negative returns.
The yoyo between debt and equity is likely to ensue as uncertainty remains in the forex market.
In the meantime, liquidity in the Nigerian banking system is said to be below N100 billion
The CBN sells T-bills on a bi-weekly basis to investors and it is one of the safest investments available.
A great place to start as an investor is with the i-invest App.
Nigerian Banks have taken to their media spaces to air their previously ignored innovations.
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