The Central Bank of Nigeria (CBN) executed a major open market operation (OMO) on Wednesday, allotting ₦1.25 trillion worth of OMO bills to investors at a reduced stop rate of 21.99%, marking a strategic move to manage excess liquidity in the financial system. The apex bank initially offered ₦600 billion worth of OMO bills across … Continue reading CBN Auctions ₦1.25 Trillion OMO Bills At 21.99% Rate Amid Surging Investor Demand