The Central Bank of Nigeria (CBN) increased the yield on its 364-day Treasury bills to 17.95% during Wednesday’s ad hoc primary market auction, following an overwhelming surge in investor demand across major tenors. The apex bank issued N700 billion in Treasury instruments across the standard 91, 182, and 364-day maturities. Total subscriptions reached N1.69 trillion, … Continue reading CBN Raises One-Year Treasury Bills Rate To 17.95% As Demand Surges Past N1.6tn