Nigeria: CBN's Moves to Cap Treasury Bills Investment Unsettle Banks

23 May 2019

Lagos and Benin City — The moves by the Central Bank of Nigeria (CBN) to limit commercial banks' investment in treasury bills and federal government bonds have started causing disquiet in the banking industry.

This is coming as the CBN Governor, Mr. Godwin Emefiele, Wednesday reiterated the need to enhance fiscal buffers to shield the country from external shocks.

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