CBN raises N15.3tn from treasury bills to bridge budget deficit

The Central Bank of Nigeria has raised N15.3 trillion through low-risk Nigerian treasury bills in 2025 to help bridge the country's budget deficit.

In a move to address Nigeria's budget shortfall, the Central Bank of Nigeria (CBN) has successfully raised N15.3 trillion from low-risk Nigerian treasury bills during 2025. This financial strategy aims to provide essential funding for government expenditures amid ongoing economic challenges. Treasury bills, known for their safety and short-term nature, serve as a reliable instrument for mobilizing domestic resources without high risks. The initiative underscores the CBN's role in stabilizing the economy by supporting fiscal needs through secure borrowing mechanisms.

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Signature Bank has exceeded the Central Bank of Nigeria's N50 billion recapitalisation requirement.

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The Central Bank of Nigeria has announced that 20 Nigerian banks have already fulfilled the new minimum capital requirements as part of the ongoing recapitalisation exercise.

Finance Minister Ahmed Shide reported to parliament that the 1.93 trillion birr federal budget is under pressure from delayed external aid. He addressed lawmakers on May 4, 2026, noting that domestic borrowing has risen faster than planned. The session took place without private media present.

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The Central Bank of Nigeria faces a critical period in its bank recapitalisation efforts.

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