Treasury Bill

Business

CBN Raises Treasury Bill Rate To 17.59% Despite ₦4.4trn Investment Demand

Joy Onuorah, THEWILL -
The Central Bank of Nigeria raised interest rates on its one-year Treasury bill to 17.59% at Wednesday's auction. Investors flooded the bank with ₦4.4 trillion in total bids even though only ₦700 billion was originally put up for...
Business

CBN Cuts One-Year T-bill Yield As ₦3.38trn Bids Swamp ₦500bn Offer

Ogochukwu Onwaeze, THEWILL -
 Investors submitted ₦3.38 trillion in bids for the one-year Treasury Bill against a ₦500 billion offer, highlighting sustained appetite for long-term government securities despite declining yields.  The CBN lowered the stop rate on the 364-day bill to 17.35...
Business

Nigerian T-Bills Attract ₦2.46trn In Subscriptions Across Two December Auctions

THEWILL. -
December 12, (THEWILL) — Investors poured a hefty ₦2.46 trillion into Nigeria’s Treasury Bill (T-bill) market in two consecutive auctions held in December, underscoring continued strong demand for short-term government securities even amid elevated yields and tight liquidity...
Business

DMO Raises N709.62bn As 364-day Treasury Bill Yield Climbs To 17.5%

THEWILL -
December 05, (THEWILL) — Nigeria’s Debt Management Office (DMO) raised a total of ₦709.62 billion at its latest Nigerian Treasury Bills (NT-Bills) auction, with investors showing overwhelming preference for the longest-tenor instrument amid rising yields. The government had offered ₦700...
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Entertainment & SocietyEzaga Evi-Ben, THEWILL -

Fans Mark Three Years Of Burna Boy’s “I Told Them…”, Call It ‘Classic’

The album remains one of the biggest projects of Burna Boy’s career, combining Afrobeats, hip-hop and personal storytelling with major international collaborations.
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