Current T-bill rates
Understand why the MPR is the anchor for Nigerian interest rates.
In this lesson
Current T-bill rates is part of Treasury Bills Lab. This preview shows how investment-universe connects to everyday family decisions such as earning, saving, spending choices, goals, approvals, or parent-guided money conversations inside Progress Penguin.
Think about this money choice
Imagine this situation: T-bill rates were 12% last year. Today they are 20%. Inflation is currently 28%.
How it works
The MPR is the anchor for Nigerian interest rates. T-bill yields, savings rates, and loan rates all adjust in response to MPR changes. When the CBN tightens (raises MPR) to fight inflation, T-bill yields rise — attracting investors and reducing money supply. Understanding MPR helps anticipate rate movements.
Apply it to a real decision
Real-life money moment: T-bill rates were 12% last year. Today they are 20%. Inflation is currently 28%. Are T-bills still a good investment? The key lesson is: Nominal vs real: even at 20%, if inflation is 28%, you lose 8% purchasing power annually.
Activity preview
Apply the idea
Use the lesson to complete this short practice activity.
Try one real money action
Open Tasks and submit proof for one task, or open Requests and make a deposit request. Parent approval can happen later.
Quiz preview
T-bill rates in Nigeria recently have been:
T-bill rates were 12% last year. Today they are 20%. Inflation is currently 28%. Are T-bills still a good investment?