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Asian chip firms lifted by Nvidia forecast but broader markets struggle●Kansas City Fed's Schmid says inflation 'stubborn' and 'sticky,' policy rate not restrictive●Glamorous Transformation: From Businesswoman to Easybuy Sales Talent●U.S. is investigating a freight company for allegedly smuggling Nvidia AI chips to China●Weak Asian Oil Imports Challenge Claims of Surge in Hormuz Transits●Governors adopt CNG transport scheme, move to cut fares, ease food prices●US stock market today: Nasdaq, S&P 500 futures rise up to 1% as Nvidia earnings spark rally in chip stocks●Gold prices today, Thursday, August 27, 2026: Prices pull back after PCE report, ahead of Warsh speech●Asian chip firms lifted by Nvidia forecast but broader markets struggle●Kansas City Fed's Schmid says inflation 'stubborn' and 'sticky,' policy rate not restrictive●Glamorous Transformation: From Businesswoman to Easybuy Sales Talent●U.S. is investigating a freight company for allegedly smuggling Nvidia AI chips to China●Weak Asian Oil Imports Challenge Claims of Surge in Hormuz Transits●Governors adopt CNG transport scheme, move to cut fares, ease food prices●US stock market today: Nasdaq, S&P 500 futures rise up to 1% as Nvidia earnings spark rally in chip stocks●Gold prices today, Thursday, August 27, 2026: Prices pull back after PCE report, ahead of Warsh speech●

Emerging Markets

CBN cuts one-year T-bill rate by 44bps as N3.63 trillion bids chase N500 billion offer

Nairametrics · 1h ago · 🇳🇬 Nigeria

CBN cuts one-year T-bill rate by 44bps as N3.63 trillion bids chase N500 billion offer

At the primary market auction on Wednesday, August 26, 2026, the Central Bank of Nigeria (CBN) cut the one-year stop rate by 44 basis points to 17.15%, a sharp contrast with a rate hike of 364-day bill to 17.59% in previous Treasury Bills auction despite huge demand as reported by Nairametrics. The post CBN cuts one-year T-bill rate by 44bps as N3.63 trillion bids chase N500 billion offer appeared first on Nairametrics .

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