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AIICO Capital Limited

Treasury Bills Yield Slides to 17.72% as Demand Strengthens

Nigeria’s external reserves

Yields on Nigerian Treasury bills eased by three basis points to an average of 17.72 per cent in the secondary market, as investors increased exposure to naira-denominated assets ahead of the 2026 auction cycle. Market activity reflected adjustments following the Central Bank of Nigeria’s recent repricing of rates across short-, medium- and long-tenor bills at its December auctions. […]