CBN Auctions N1.58 Trillion in Treasury Bills, Sets Interest Rate at 19% for 364-Day Bill. In its latest Treasury Bills auction, the Central Bank of Nigeria (CBN) successfully sold N1.58 trillion, underscoring its commitment to managing liquidity in the financial sector. The auction, conducted on February 21st, witnessed substantial investor interest, with the CBN … Read more
Nigerian Treasury Bills Rate Surges to 19% Annually in CBN’s Bid for Exchange Rate Stability. In a significant move indicative of a shift towards a more stringent monetary policy, the stop rates for Nigerian Treasury Bills (TBs) have soared to 19% per annum for the 364-day maturity period. This adjustment reflects the Central Bank … Read more
Treasury bills in Nigeria are offered by the federal Government of Nigeria through the CBN (Central Bank of Nigeria). They are investments instruments that you as an individual or cooperation can invest in. Additionally, treasury bills are a way to raise funds from individuals and organizations by the Federal Government (FG) to meet up with … Read more