Nigeria, Jan. 21 -- The Central Bank of Nigeria is expected to return to the market today with a N1.15 trillion Treasury Bills auction, which will be the second time it has sold NTBs in January 2026.

This is because there is too much money in the market, and investors are expecting interest rates to change, which is making them behave differently.



The offer covers the standard 91-day, 182-day, and 364-day maturities, with the majority of the issuance focused on the one-year tenor.

Market players claim the framework captures investors' rising desire to secure greater yields in the face of inflation and monetary policy direction uncertainty as well as the government's financing requirements.



The News Chronicle understands that de...