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Nigerian Commercial Paper Yields Decline on Rate Cut Expectations

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Dulue Mbachu

Dulue Mbachu, an experienced journalist, covers business and politics for Allen Dreyfus.
  • Market anticipates lower interest rates amid signs of easing inflation
  • Declining yields may spur more corporate issuances in 2024

Abuja, Nigeria – Yields on Nigerian commercial papers are sliding as investors position themselves for a potential rate cut, spurred by signs of cooling inflation, according to market data and analysts.

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