FG To Raise N192billion in T-bills

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The Federal Government has unveiled plans to raise 192.39 billion naira ($967 million) in treasury bills with maturities between 3-month and 1-year.

This will take place at an auction on Feb. 3, the Central Bank of Nigeria said on Wednesday, January 27.

The apex bank said it will raise 45.17 billion naira in the 3-month paper, 30 billion naira in the 6-month deb.