In a strategic move aimed at controlling liquidity within Nigeria’s financial system, the Central Bank of Nigeria (CBN) initiated a high-profile open market operation (OMO) auction this week, successfully drawing ₦1.15 trillion in bids from investors across two different tenors. The apex bank launched the auction on Monday, aligning it with its ongoing monetary tightening … Continue reading CBN Auctions High-Yield OMO Bills, Attracts ₦1.15 Trillion In Investor Demand Amid Liquidity Control