Improved liquidity on the Nigerian one-year Treasury bills (T-Bills) eased pressure on government short-term borrowing costs as yields declined.
Subscription on the one-year T-bills at the Wednesday auction increased by 63 percent to N1.36 trillion from N830 billion at the previous auction.
Market analysts point to recent inflows from maturing securities and FAAC allocations as drivers of liquidity. A total of N1.678 trillion from the Federation Account revenue for February 2025 was distributed among all arms of government.