Business

‘Nigerian Treasury bill yields rise, naira eases after oil price collapse’

Nigerian Treasury bill yields rose across the board while the currency was quoted weaker on Tuesday as investors worried about a collapse in oil prices, widened spreads across asset classes, traders said.

Treasury bills fetched between 16% and 17% on Tuesday, up from 14% before the oil price row. The naira quoted at 367 over-the-counter, from 366 in its previous session. Reuters