The CBN raised N615.8 billion in its latest treasury bill auction which happened on May 21. This represents a slight uptick from the N598.3 billion T-bills sold on May 7.
For the 91-day bills, the bank offered N50 billion, however, subscriptions worth N72.56 billion were received, with N71.67 bil
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David Olujinmi
David Olujinmi is a financial journalist, with a knack for reporting and analysing the capital markets. He has experience in reporting the Nigerian and African financial scene.
With a Bsc in Chemical Engineering from the Obafemi Awolowo University, he has a significant grasp of numbers that has aided his understanding of the financial context.