NewsBreakNigeria
USD/NGN 1,331.28GBP/NGN 1,761.59USD/NGN black market ₦1,370GBP/NGN black market ₦1,850EUR/NGN 1,497.69JPY/NGN 8.44CAD/NGN 934.35
USD/NGN 1,331.28GBP/NGN 1,761.59USD/NGN black market ₦1,370GBP/NGN black market ₦1,850EUR/NGN 1,497.69JPY/NGN 8.44CAD/NGN 934.35

Investors Lock in Yields as CBN Rate Reset Drives Market Rates Down

Investors are moving into longer dated fixed income securities to lock in prevailing returns as the Central Bank of Nigeria’s (CBN) 350 basis point interest rate cut triggered a broad decline in market yields. The…

Aggregated · originally by Leadership
5 Oct 2026, 17:30 WAT · 3 min read
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Investors Lock in Yields as CBN Rate Reset Drives Market Rates Down

Investors are moving into longer dated fixed income securities to lock in prevailing returns as the Central Bank of Nigeria’s (CBN) 350 basis point interest rate cut triggered a broad decline in market yields. The…