The Central Bank of Nigeria (CBN) has sold a record N1.3 trillion in Treasury Bills, specifically targeting overseas investors. This move aims to increase foreign exchange (forex) flowing into Nigeria, ultimately strengthening the Naira’s value. The Naira has been under pressure lately due to a lack of forex available. Treasury Bills, also known as T-Bills, […] The post CBN sells record N1.3trn Treasury Bills to strengthen naira appeared first on New Mail Nigeria.
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