Nigeria to Raise ₦1.07b from T-bills in Q2

Nigeria plans to raise 1.07 trillion naira from treasury bills issuance in the second quarter of 2016, the central bank has said.

The bank said it would auction 303.77 billion naira worth of 91-day bills, 169.98 billion naira worth of 182-day paper and 599.63 billion of one-year paper between March 17 and June 2.

Africa's biggest economy raised 1.22 trillion naira from treasury bills in the first quarter.

myfinancialintelligence.com