Nigeria to raise 1.2 trl naira in T-bills in Q1

LAGOS (Reuters) - Nigeria's central bank said on Friday it plans to raise about 1.22 trillion naira ($6.61 billion) in treasury bills in the first quarter of next year. The bank in an issuance calendar said it plans to issue 230.88 billion naira worth of 3-month treasury bills, 291.53 billion of 6-month paper and 700.56 billion in one year notes between Dec. 18 to March 5, next year. Nigeria, Africa's top economy, issues treasury bills twice a month to fund its budget and manage liqudity in the banking system. ($1 = 184.50 naira)