Browsing Tag

Treasury Bills

SHOCKING: Individuals, Small Firms no Longer Allowed to Buy Treasury Bills -CBN

Oritsetsemaye Akapa Esq Nov 7, 2019 0

Banks and Financial institutions in Nigeria will stop the sale of treasury bills to individuals and small scale businesses/firms.This is based on the directive issued by the central bank of Nigeria which is to take effect from the 29th…

Business

Borrowing costs: FEC approves domestic debt refinancing into $3bn treasury bills

Uju Aug 9, 2017 0

The Federal Executive Council (FEC) on Wednesday approved the refinancing of the country’s domestic debts into treasury bills worth three billion dollars as part of the overall strategy of government to reduce the cost of borrowing.The…

Business

CBN To Raise N123bn Through Treasury Bills

Business Editor Nov 3, 2015 0

The Apex Bank, the Central Bank of Nigeria will from Wednesday raise N122.95bn ($617.90m) via treasury bills with tenors ranging from three months to one year.According to documents from the bank, the CBN said on Monday it would raise…

Business

CBN Sells N277.9B Worth Of Treasury Bills

Business Editor May 25, 2013 0

The Financial Market Dealers Association (FMDA) has disclosed on its website that the Central Bank of Nigeria (CBN) has sold treasury bills worth N227.91 billion this week.FMDA said that five categories of treasury bills were sold at…