Nigeria Investing
Nigerian Treasury Bill
Definition
What is Nigerian Treasury Bill?
A short-term naira-denominated debt instrument issued by the Federal Government of Nigeria through the relevant process.
Example in practice
How This Looks in Practice
An investor buys a 364-day Nigerian Treasury bill at auction.
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Related Terms
Nigeria Investing
Nigerian Exchange
Nigeria's principal securities exchange, where listed shares, bonds, ETFs, and other instruments trade.
Nigeria InvestingNGX All-Share Index
A broad index designed to measure price movements of eligible equities listed on the Nigerian Exchange.
Nigeria InvestingCentral Securities Clearing System
Nigeria's central securities depository and clearing infrastructure for eligible capital-market securities.
Fund BasicsMutual Fund
A pooled investment vehicle that combines money from many investors into one professionally managed portfolio.