FG Raises N11 Trillion Through Treasury Bills And Bonds In Four Months - Business - Nairaland
Nairaland Forum / Nairaland / General / Business / FG Raises N11 Trillion Through Treasury Bills And Bonds In Four Months (90 Views)
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| FG Raises N11 Trillion Through Treasury Bills And Bonds In Four Months by Mateco556: 10:26am On May 04 |
The Federal Government of Nigeria has reportedly raised a total sum of N11 trillion through auctions and sales of Treasury bills and savings bonds issuance within the first four months of the year 2024. This figure was unveiled in findings by The PUNCH, based on an analysis of bonds and bills results issued by the Central Bank and the Debt Management Office (DMO) during the aforementioned period. The breakdown of this substantial sum reveals that the government raised N3.1 trillion in FGN bonds and N7.92 trillion in T-bills between January and April 2024, totaling.... https://ratecaptain.com/fg-raises-n11-trillion-through-treasury-bills-and-bonds-in-four-months/ |
| Re: FG Raises N11 Trillion Through Treasury Bills And Bonds In Four Months by atiku4President(m): 10:27am On May 04 |
They'll soon start borrowing from Lapo and Credit Direct. |
| Re: FG Raises N11 Trillion Through Treasury Bills And Bonds In Four Months by forgiveness: 10:30am On May 04 |
Very good. Now use it to pay high minimum wages since subsidy has been removed. |
| Re: FG Raises N11 Trillion Through Treasury Bills And Bonds In Four Months by Iamanoited: 10:40am On May 04 |
PLEASE TELL US THE BANKS TO APPROACH FOR LOANS TO DEVELOP LOCAL INDUSTRIES. |
| Re: FG Raises N11 Trillion Through Treasury Bills And Bonds In Four Months by CodeTemplar: 12:37pm On May 04 |
After printing money nd triggering inflation, they are trying hard to subtly give us the impression that they can raise funds without printing un-backed money. |
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