“You Don’t Need Over ₦50m To Participate Alone” — LIBI Unveils ₦2.5m Pooled Treasury Bills Scheme, Expands Mass-Housing, Land-Banking Initiative
The Lawyers In Business Institute (LIBI) has unveiled a pooled Treasury Bills investment arrangement aimed at enabling lawyers and other interested Nigerians to participate in the money market without individually raising the more than ₦50 million required for direct bidding at the primary market.Under the arrangement, LIBI said 20 participants would contribute ₦2.5 million each, creating a ₦50 million pool to be deployed in Nigerian Treasury Bills through its Cooperative and Money-Market Scheme.
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Reported by thenigerialawyer.com.
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