Lower issuance cuts T-bills sales by 36.7% to N2.22tr as CP market dips

Activity in Nigeria’s short-term debt market weakened in August 2026, as Treasury bills (T-bills) sold through auctions fell by N1.28 trillion month-on-month, while commercial paper (CP) quotations on the FMDQ Exchange plunged by almost 80 per cent. Latest data from