Corporate organizations successfully raised at least N222.6 billion from the 24th of March till date.
The CBN sells T-bills on a bi-weekly basis to investors and it is one of the safest investments available.
Telegram now has 30 days to pay SEC's penalty and up to four years to pay back investors.
Nigeria will focus on "cheaper" domestic borrowing and loans from concessional sources.
The Minister of Finance said it's for States and the Federal Government.
The T-bill rates at today’s auction rates on the short, mid tenors and long-term declined lower.
The DMO expects to continue to raise funds through Sukuk to support improvement in infrastructure.
The commercial paper issuance was 400% subscribed, with active participation from individuals, institutional investors.