Debt surges as FG raises T-Bill issuance by 114.5% in one year

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… to issue N4.7trn in Q4


CBN raises treasury bills by 114.5 percent in one year as it prepares to issue N4.7 trillion in the fourth quarter of 2025, marking a major expansion from the N2.2 trillion it issued in the final quarter of 2024.


The Nigerian Treasury Bills (NTB) issuance programme for the fourth quarter of 2025, released by the apex bank on Friday, sets out a detailed calendar of auctions, maturing bills and offer amounts, showing a total maturity profile of more than N3.63 trillion and fresh offers projected at N4.72 trillion for the period. Treasury Bills, are short-term, low-risk debt securities issued by the government.

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