Investors oversubscribe Nigerian Treasury Bills (NTBs), by N98billion in the last auction over the week

NIGERIA — FOREIGN and domestic investors are seriously chasing Nigeria’s sovereign issues where risk of default is minimal, amidst growing confidence that ongoing macroeconomic reforms would lead to considerable improvements in the medium to long-term. Specifically, investors oversubscribe Nigerian Treasury Bills (NTBs), by N98billion in the last auction over the week, as they opted for longest-tenored of the three tenors in the latest auction of Nigerian Treasury Bills (NTBs)... tribuneonlineng.com