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The 1.19% real return: Is investing ₦100,000 in Nigerian Treasury bills still worth it?
At the recent September 9 auction, total investor demand reached ₦2.64 trillion ($1.99 billion). The Debt Management Office (DMO) ultimately allotted ₦1.05 trillion ($792.8 million)—more than double its initial planned offer—with 364-day bills accounting for 91% of total subscription volume.
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