Nigeria is preparing to remove approximately ₦1.35 trillion from the financial system in July through a Treasury Bill programme that significantly exceeds the value of securities maturing during the month. The Federal Government plans to offer ₦2 trillion in Nigerian Treasury Bills across three auction dates, while only ₦647.79 billion will be repaid to investors. […]
... Nigeria Targets ₦1.35 Trillion Net Liquidity Withdrawal Through July Treasury Bill Auctions ... Naijaonpoint.