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Tbills

FGN to auction N229bn T-Bills Wednesday

The Central Bank of Nigeria (CBN) will on Wednesday, 17th January, 2018, auction Treasury bills with total value of N229 billion. A breakdown of the coming T-Bills auction, showed that the apex bank will be conducting a T-bill auction on Wednesday, 17th of January, 2018, offering N10.25bn worth of 91-day bills, N26.60bn worth of N182-day […]

Naira gains over euro as CBN lifts forex market with $195m

Naira

FG raises N100bn through T-Bills The Nigerian currency, Naira, on Wednesday, appreciated by two points against the Euro, to close at 423 against 425 traded on Tuesday, while the official foreign exchange market remained liquid, as the Central Bank of Nigeria (CBN), within the week, injected total sum of $195 million to meet demand for […]

CBN’s T-Bill auction tomorrow to further reduce system liquidity

The Central Bank of Nigeria (CBN) auction of Treasury Bills (T-Bill) tomorrow would further mop up liquidity, as this may further weaken expected new inroads into the equities market. Some of the last T-bills auctioned by the CBN in 2016 are on two respective instruments on 12/14/2016 and 12/21/2016, representing 91 days and 182-day instruments respectively. The 12/14/2016 […]