FG to raise 952 bln naira through treasury bill sales

The federal government plans to raise about 952.04 billion naira ($3.02 billion) with new issues of Treasury bills from Sept. 15 to Dec. 1, the central bank has said on Wednesday in its latest issuance calendar.

The bank says it would sell 264.47 billion naira worth of three-month bills, 204.88 billion of six-month bills and 482.69 billion of one-year bills.