T-bills: Investors Defy Interest-rate Crash, Invest N533.93bn   Investors have oversubscribed to the Treasury Bills auctioned by the Central Bank of Nigeria to the tune of N383bn (or 254 per cent), despite a further crash in interest rates. The CBN recorded a total subscription of N533.93bn on...

T-bills: Investors Storm Equities Market Following CBN's Ban   Following the ban of individuals and small firms from investing in treasury bills by the Central Bank of Nigeria, investors poured money into shares instead, which boosted the market capitalisation of equities by N245bn. The CBN had barred...

Interest Rates On Treasury Bills’ Crash To Single Digits   The interest rates on treasury bills have crashed further, closing in the single digit region at the end of the Primary Market Auction on Wednesday. The CBN had offered N4.38bn on the 91-day tenor, N12.92bn on the...

CBN Orders Banks To Stop Tbills Sale To Firms, Individuals   The Central Bank of Nigeria has given a directive to banks and other financial institutions to stop the sale of treasury bills to individuals and small firms with effect from November 29. Some bank officials who...

CBN Releases October Treasury Bills Auction Results   The Central Bank of Nigeria has released the results of its Treasury bills auctioned on October 30, 2019. It said the range of bid rates for the 91-day tenor was 9.2500 to 11.0000 while that of the 182-day tenor...

CBN’s Treasury Bills Auction Oversubscribed By N433.06bn   The Central Bank of Nigeria has recorded a N433.06bn (327 per cent) oversubscription in its Treasury Bills auction, which took place on Wednesday. The CBN offered N132.56bn worth of treasury bills in a Dutch auction across the 91-day, 182-day...