Spread between 10-year FGN bonds, 12 months Treasury widest since February 2016

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For the first time in 2 years, the interest rate spread between the average 10-year FGN Bonds and average 12 months Treasury bills in Nigeria is greater than 3 percentage points according to data compiled from Bloomberg.
The average 10 year FGN bond yield rose to 14.3 percent while the average…



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