Nigeria, March 7 -- The one-year Treasury bill yield dropped from 22.59 percent at the previous sales to 21.68 percent at Wednesday's auction due to a spike in liquidity and a drop in the inflation rate.

The actual return on the one-year T-bill remained positive at 2.8 percent, while the stop rates on the 182-day and one-year T-bills also approached 17.82 and 17.75 percent, respectively.

According to analysts, this is partially due to the rates' reaction to the rebased inflation, which increased from 34.8 percent in December 2024 to 24.48 percent in January 2025.

This and predictions of additional moderation throughout the year fuel

intense buying interest among investors.

The present yield is the lowest since the Central Bank of Nig...