CBN set to sell N97.8billion worth of Treasury Bills

Nigeria plans to raise 97.81 billion naira ($492 million) in Treasury bills at an auction on Wednesday, the central bank said on Tuesday.

The bank said it will issue 14.03 billion naira in the 3-month debt note, 33.78 billion naira in the 6-month paper and 50 billion naira of the 1-year note. The results are expected to be released on Thursday, the bank said in a statement.