Nigeria to raise N125 bn in treasury bills

The regulator will sell 31.83 billion naira in 91-day paper, 33.78 billion naira in 182-day debt notes and 59.08 billion naira in the one year paper next week, it said in a notice.
Nigeria, Africa’s second biggest economy after South Africa, issues treasury bills regularly to reduce money supply, curb inflation and help lenders manage their liquidity.