The Central Bank of Nigeria (CBN) recorded its strongest Treasury Bills subscription in over one year as investors bid N3.44…
Browsing: Treasury Bills
The Bank ultimately awarded N1.3 trillion in T-Bills at an interest rate of 21.49 percent. These funds will be used by the CBN to intervene in the forex market, buying dollars and selling Naira.
The Debt Management Office (DMO), says it is more profitable for Nigerians to invest their monies in the federal government…