Search
Sign in
North Africa
Central Africa
East Africa
West Africa
Southern Africa

Foreign investors pile into Nigeria’s high-yield OMO bills

Lagos, Nigeria. © Unsplash
Lagos, Nigeria. © Unsplash

Dulue Mbachu

Dulue Mbachu, an experienced journalist, covers business and politics for Allen Dreyfus.
  • OMO bills offer yields above 23% as foreign portfolio investors pour in
  • Treasury bill subscriptions drop nearly 46% amid expectations of rate cuts

 

ABUJA, NIGERIA – Nigeria is keeping overseas investors hooked on its Open Market Operations (OMO) bills with double-digit returns, even as demand for Treasury bills slows, according to fresh data from the Central Bank.

Stay ahead with Real time Updates

Recent Business

Street of Rwanda. Photo by Dieuvain Musaghi @ Unsplash
Rwanda’s franc weakens as global currency shifts reshape FX markets
18/11/2025
13 hours ago
Alex Ngarambe
Read More »
Photo by Guy Basabose @ Unsplash
DR Congo’s $50 million FX boost fails to shift deep dollarisation
18/11/2025
15 hours ago
Eric Kasongo
Read More »
A community in Mozambique. Photo by Farah Nabil @ Unsplash
Mozambique cuts interest rates again as debt delays shake liquidity
18/11/2025
17 hours ago
Justice Nwafor
Read More »
Custom Research

Recent Politics

Kenya's ODM split over age, factions and 2027 political strategy. Photo @ The ODM Party/Facebook
Can Oburu Oginga hold Kenya’s ODM together after Raila Odinga’s death?
17/11/2025
1 day ago
Wanderi Kamau
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin extends presidential term from five to seven years
16/11/2025
2 days ago
Kent Mensah
Read More »
Bassirou Diomaye Faye, President of Senegal. Photo @ Office of President, Senegal/Facebook
Senegal’s soaring presidency budget sparks scrutiny amid economic strain
14/11/2025
4 days ago
Alhousseiny Djigo
Read More »

Latest Posts

Latest news insights

Street of Rwanda. Photo by Dieuvain Musaghi @ Unsplash
Read More »
Rwanda’s franc weakens as global currency shifts reshape FX markets
Photo by Guy Basabose @ Unsplash
Read More »
DR Congo’s $50 million FX boost fails to shift deep dollarisation
A community in Mozambique. Photo by Farah Nabil @ Unsplash
Read More »
Mozambique cuts interest rates again as debt delays shake liquidity
Mobile phone usage in Africa is high. Photo by Zac Wolff @ Unsplash
Read More »
Rwanda, Tanzania advance payment-link plan in boost to East Africa’s digital economy
Photo by Guy Basabose @ Unsplash
Read More »
DR Congo’s $50 million FX boost fails to shift deep dollarisation
A community in Mozambique. Photo by Farah Nabil @ Unsplash
Read More »
Mozambique cuts interest rates again as debt delays shake liquidity
Mobile phone usage in Africa is high. Photo by Zac Wolff @ Unsplash
Read More »
Rwanda, Tanzania advance payment-link plan in boost to East Africa’s digital economy
A happy cocoa farmer. Photo @ Pixabay
Read More »
Ghana loses $1.1bn to cocoa smuggling in three-year border crisis
A community in Mozambique. Photo by Farah Nabil @ Unsplash
Read More »
Mozambique cuts interest rates again as debt delays shake liquidity
Mobile phone usage in Africa is high. Photo by Zac Wolff @ Unsplash
Read More »
Rwanda, Tanzania advance payment-link plan in boost to East Africa’s digital economy
A happy cocoa farmer. Photo @ Pixabay
Read More »
Ghana loses $1.1bn to cocoa smuggling in three-year border crisis
A shopper at a supermarket. Photo @ Unsplash
Read More »
Nigeria’s annual inflation slowed to 16% in October