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CBN’s new policy seen heaping pressure on T-Bill yield

Yields on Treasury bill (T-Bill) instruments are expected to remain pressured, and banks will likely increase customer deposit rate following the new policy on banks standing deposit by the Central Bank of Nigeria (CBN) on Tuesday. After its two-day Monetary Policy Committee (MPC) in Abuja on Tuesday, the CBN raised its benchmark interest rate known
read more CBN’s new policy seen heaping pressure on T-Bill yieldBusinessday NGRead More

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