The Central Bank of Nigeria (CBN), on Tuesday, May 20, raised a total of N829.32 billion in its Treasury Bills Primary Market Auction, with investor demand heavily skewed toward the one-year (364-day) instrument amid sustained appetite for higher-yielding, risk-free government securities. Auction results released on Wednesday showed that total subscriptions surged to about N1.99 trillion, significantly outstripping the N650 billion offered across the 91-day, 182-day, and 364-day maturities. The outcome reflects persistent liquidity in the financial system and strong investor preference for locking in attractive yields in a still-uncertain macroeconomic environment..............................READ MORE