Banking

CBN raised N1.13 trillion in government bills in the second quarter.

The Central Bank of Nigeria plans to raise N1.13tn via treasury bills for the second quarter of 2023. This was according to the latest Nigerian Treasury Bill Issue Programme for the Second Quarter 2023 available on the bank’s website. This is a significant increase from N926bn raised in the second quarter of 2022. The bills are divided into three tenors of 91-days, 182-days, and 364-days with a…
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