Search

Nigeria Auctions N700 Billion Treasury Bills After Inflation Data Overhaul

© Unsplash
  • Treasury yields dip below 22% as inflation data fuels market optimism
  • Analysts expect auction rates to drop amid strong investor demand

Abuja, Nigeria – Nigeria auctioned N700 billion in treasury bills on Wednesday, a day after unveiling the results of its first inflation data overhaul in a decade, which revealed a sharp decline in the annual inflation rate for January compared to the previous month.

Recent Business

Ahmed Shide, Ethiopia's Minister of Finance and Mme Eléonore Caroit, the French Minister for Europe and Foreign Affairs. Photo @ Ministry of Finance-Ethiopia.
Ethiopia seals landmark debt restructuring and €81.5mn French support
Read More »
Gold bars. Photo by Zlaťáky @ Unsplash
Africa’s collateral economy: How gold, cocoa and copper are reshaping frontier bonds
Read More »
Street market in Kaduna, Nigeria. Photo @Pexels
WAEMU sovereign borrowing shifts to longer-term bonds as issuance doubles
Read More »

Recent Politics

Burundi’s President Évariste Ndayishimiye. Photo: Présidence - République du Burundi/Facebook
African Union elects Burundi’s Ndayishimiye as 2026 chair
Read More »
Herdsmen in Ethiopia. Photo by Hanna Grace @ Unsplash
Ethiopia accuses Eritrea of territorial occupation, demands troop withdrawal
Read More »
Kenya youth protest @ Unsplash
Kenya church attack on ex–deputy president exposes security rifts
Read More »

Latest Posts

Latest news insights