NTB yields plummet: 364-day Treasury bill stop rate falls 73 basis points to 15.89% after CBN's 350bps cut, with N4.09 trillion in subscriptions.
Naira depreciation risk: Bismarck Rewane warns the naira may weaken from current N1,387/$ as lower rates reduce appeal of naira assets.
Carry-trade edge eroded: Nigeria's real interest rate differential drops to 7.61%, now trailing Ghana's 9%, making Ghana more attractive for portfolio flows.
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