In a significant monetary policy move on Monday, the Central Bank of Nigeria (CBN) successfully raised a total of ₦1.5 trillion through its latest Open Market Operations (OMO) auction, aiming to curb excess liquidity in the banking system. Despite initially offering OMO bills worth ₦600 billion to commercial banks and foreign portfolio investors, the central … Continue reading CBN Attracts N1.5 Trillion via OMO Auction At 23.87% Stop Rate