Business

Nigeria will sell N1.024trn Treasury Bills in Q4

911


Nigeria, through its central bank says it will auction treasury bills as much as N1.024 trillion in the fourth quarter of the year, auctioning 91-day bills worth N62.635 billion, 182-day bills worth N148.667 billion, as well as 364-day bills worth N812.401 billion in the given time period.

The Central bank said this in its Nigerian Treasury Bills Issue program for the fourth quarter of the year available on  its website.

The CBN usually sells treasury bills twice a month to help the government fund its budget deficit and mop up excess liquidity in the system.

Author

See also  Femi Otedola is First Bank Holdings board chairman

Leave a comment

Related Articles

Nigeria’s Headline Inflation Eases Slightly to 15.06% in February 2026 – NBS

Nigeria’s annual inflation rate moderated slightly in February 2026, dipping to 15.06%...

CBN Revises BVN Framework, Introduces New Compliance Measures

The Central Bank of Nigeria (CBN) has introduced new provisions to the...

CBN Cracks Down on Large Loan Defaulters with New Credit Restrictions

The Central Bank of Nigeria (CBN) has directed financial institutions across the...

Driving AfCFTA: Nigeria eyes $50bln In Trade Deals as 2027 IATF host

Nigeria has formally signed the host country agreement for the fifth edition...