‘Investors oversubscribed’ as CBN concludes sale of N1trn govt securities
The Central Bank of Nigeria (CBN) said it has concluded a sale of government securities, issuing N1.053 Trillion (US$680 million) in short-term instruments as part of its liquidity management exercise. In a statement on Monday, the apex bank said investors were over-subscribed for the exercise which was completed on March 1, 2024. The CBN offered … Read more