Nigeria’s Central Bank Sells ₦598.3bn Treasury Bills

The Central Bank of Nigeria (CBN) has successfully raised ₦598.33 billion through the sale of Nigerian Treasury Bills (NTBs) in its latest auction, reflecting strong investor appetite driven by excess liquidity in the financial system. The bulk of the proceeds—approximately ₦482.62 billion—came from the 365-day tenor, which garnered the highest demand and accounted for nearly…