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CBN Cautions Banks Against Excessive Treasury Bill Investments

CBN Cautions Banks Against Excessive Treasury Bill Investments   The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Tuesday warned Deposit Money Banks against excessive investment in fixed securities to the detriment of real sector financing. He charged the banking sector to live up...

CBN Sells N115bn T-bills To Boost Naira

CBN Sells N115bn T-bills To Boost Naira   The Central Bank of Nigeria held an unscheduled Treasury bill auction on Wednesday, selling a total of N114.6bn ($375m) worth of treasury bills to strengthen the naira. This auction is the apex bank’s first since mid-July as it seeks...

CBN to Sell N195.96bn in Treasury Bills Next Week

Nigeria plans to sell N195.96 billion ($644.08 million) in short-dated treasury bills at an auction on January 19, the Central Bank of Nigeria said. The bank said it would sell N36.78 billion in three-month debt, N39.17 billion in six-month bills and N120 billion in one-year...

CBN Sells 173 Billion Naira Treasury Bills with Rates Flat

Nigeria's central bank sold 172.85 billion Naira ($550 million) at its first treasury bill sale of the year with yields unchanged from the previous auction, held on Dec. 21, fixed income traders has said. The Central Bank of Nigeria (CBN) sold 115.85 billion Naira of...