Author: Julius Alagbe

Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

Treasury Bills Yield Prints at 6.5% after Spot Rates Slump

Economy

Treasury Bills Yield Prints at 6.5% after Spot Rates Slump The average on Nigerian Treasury bills printed at 6.5% at the beginning of the week as a relatively healthy liquidity level pushed demand in the secondary market. The liquidity levels surged in the financial system, dragging short-term benchmark rates lower following the inflow from FGN bonds coupon payment worth N51.12 billion. While activities in the market were muted, the average yield closed flat at 6.5% after spot rates price down at the Central Bank’s primary market auction last week. At the primary market auction last week, the Central Bank of…

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