CBN Raises N1.44 trillion from Treasury Bills Auction in Feb
The Central Bank of Nigeria, CBN, raised a total sum of N1.44 trillion from investors that participated in its Treasury bills offers in February 2025.
The Apex Bank pulled out the huge sum as part of an effort to manage liquidity levels in the economy and provide short-term funds for the government.
Despite a huge amount of bids rejected at its primary market auctions last month, a total sum of ₦1.44 trillion was sterilised. The latest Treasury bill sales by the authority was above January raise by 13.62%.
The CBN opened 2025 with ₦1.27 trillion worth of Treasury bills raised via primary market sales to investors. #CBN Raises N1.44 trillion from Treasury Bills Auction in Feb Oil Prices Rise as U.S Revokes Venezuela Agreement
