Tag
TREASURY BILLS
This category contains information about Treasury Bills in Nigeria. Treasury Bills are short-term debt instruments issued by the Federal Government through the Central Bank to provide short term funding for the government. They are by nature, the most liquid money market securities and are backed by the guarantee of the Federal Government.
Nigeria’s total capital importation rose by 210.16% in the first quarter of 2024 from $1.08 billion recorded in the Q4, 2023 to $3.37 billion in the period under review.
The Central Bank of Nigeria (CBN) has raised N284.26 billion from yield-hungry investors in its latest Nigerian Treasury Bills (NTBs) auction conducted on Wednesday, June 26, 2024.
Nigerian Exchange Group Plc realized N6.959 billion from transaction fees and treasury investment income in the 2023 financial year ended 31 December 2023.
The Central Bank of Nigeria (CBN) conducted its latest Primary Market Auction (PMA) on Wednesday, May 8th, 2024, offering one-year treasury bills with a maturity date of August 8th, 2025, at a stop rate of 20.70%
The amount represents 3.07% % (N79.54 billion) Month-on-month (MoM) increase on the value of T-bills sold across its auctions in February 2024 (N2.589 trillion).
Soaring inflation rates and escalating benchmark rates in Africa has prompted central banks across the continent to issue treasury bills at rates closely mirroring these benchmarks.
The Lagos Chamber of Commerce and Industry (LCCI) has lamented the effect of high interest rate of CBN’s Treasury bill noting that it is drying up funds from the private sector into government’s treasuries.
The Monetary Policy Committee of the CBN will meet for the second time this year on the 25th and 26th of March 2024. This was announced in a notice on the CBN website assessed by Nairametrics.
The Central Bank of Nigeria (CBN) has completed another round of Treasury Bills (T-Bills) auction, offloading about N1.3 trillion.
This week on "Follow the Money" with Ugodre, our host Ugodre Obi-Chukwu had an insightful conversation with a...
The Central Bank of Nigeria (CBN) has sold an impressive N1.58 trillion in its latest Treasury Bills auction...
The 364-day treasury bills stop rates spiked to 19% per annum, the first clear signal that the central bank was moving towards a hawkish monetary policy. The 182-day and 91-day bills also rose to 18% and 12.2%