Quote from Ndubuisi Ekekwe on December 14, 2019, 12:51 PM

"As the CBN continues to tighten the lid on any incentive to invest in Nigerian Treasury Bills (NTB), banks are compelled to continue to open their taps for lending to consumers and SMEs. At the close T-Bills Primary Market Auction (PMA) on 11th December 2019, T-bills stop rates hit another new-year low. In fact, T-Bill rates have now declined by over 30% across all tenors in the last one month. At the current inflation rate of 11.61%, the real return on T-Bills is now zero", begins our investment expert. Click and read the weekly investment update.