CBN TO AUCTION N166bn T-BILLS

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Olori Uwem

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Mar 18, 2024
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CBN TO AUCTION N166bn T-BILLS

The Central Bank of Nigeria (CBN) will auction N166.1 billion in Treasury bills. The auction includes N27.11 billion for 91-day bills, N1.49 billion for 182-day bills, and N137.50 billion for 364-day bills. The CBN plans to issue N1.56 trillion in Treasury bills in Q3 2024, slightly lower than Q2.

Additionally, the Organisation of the Petroleum Exporting Countries (OPEC) will release its monthly oil market report, highlighting a decline in Nigeria's oil production to 1.25 million barrels per day due to theft and other issues.

BusinessDay will also hold its annual CEO forum in Lagos, focusing on "Leadership in Tough Economic Times," featuring key speakers including CBN Governor Olayemi Cardoso and other notable leaders.