Nigeria, Feb. 10 -- The clarification follows the February 2026 Treasury Bills auction, in which the Federal Government offered N1.15 trillion across three tenors through a fully electronic, centralised process. Market participants say the exercise underscored the end of physical and fragmented bid submissions, with all activity now routed through a single digital window.

The News Chronicle understands that under the current framework, only authorised banks are permitted to submit bids on behalf of investors, with pricing, allocation and settlement handled entirely within the CBN's system. The apex bank has also indicated that attention is gradually turning to extending the platform's use to secondary market transactions.

Analysts desc...