FG to raise N98 billion in Treasury bills

FG plans to raise N97.81 billion ($492 million) in Treasury bills at an auction on Wednesday, the central bank said on Tuesday.

The bank said it will issue N14.03 billion in the 3-month debt note, N33.78 billion 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.