In a bid to help the federal government finance the 2022 budget deficit, the Central Bank of Nigeria (CBN) has auctioned the sum of N2.98trillion through Nigerian Treasury Bills (NTBs) auction in seven months of 2022, compared to N2.28 trillion auctioned in seven months of 2021.
CBN auctions N2.89 trillion NTBs in 7 months, records 39.47% oversubscription
