As part of the FederalGovernmentsborrowing plan for the 2025 budget, the Central Bank of Nigeria, CBN, has started selling Treasury Bills, TBs, to raise N1.76 trillion in the third quarter of 2025 Q325.
This represents a 12.8 percent year-on-year YoY increase when compared to N1.56 trillion sold in Q324.
CBN disclosed this yesterday in its Nigeria Treasury Bills Issue programme for Q325.
Treasury Bills are short term less than one year debt instruments used by the apex bank to borrow money from the public on behalf of the federal government.