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MarketForces Finance
The naira destiny has been successfully tied to hot money equation – high interest rate can only broing foreign capital
The average yield on Nigerian Treasury bills surged to 17.71% in the secondary market amid selloffs following a slowdown in the nation’s headline inflation rate in February 2026.
The Nigerian Eurobonds segment ended negatively, with average yields rising 4bps to 7.25%, reflecting reduced demand and cautious sentiment among global investors.
The average yield on Nigerian Treasury bills rose 8 basis points to settle at 17.31%, reflecting diminished investor sentiment and a less supportive climate in the secondary market.
African Eurobonds Issuers’ Yields Ease in Fresh Rally The average yield on Nigerian Eurobonds declined…
Dangote Sugar Refinery Plc’s (Ticker: DANGSUGAR) share price nosedived by 10% as investor sentiment deteriorated after an unimpressive earnings performance.
The Central Bank of Nigeria (CBN) hiked the discount rate on Nigerian Treasury bills with 364-day maturity by 83 basis points to 16.73% at the main auction conducted on Wednesday.