CBN Injects N655bn Via OMO Auction To Refinance Maturing Bill

The Central Bank of Nigeria (CBN) allocated a total of N655.25 billion in Open Market Operation (OMO) bills to investors during its latest primary market auction aimed at partially refinancing maturing obligations worth N1.14 trillion. According to data from MarketForces Africa, the auction held on Tuesday targeted market participants including foreign portfolio investors and local … Continue reading CBN Injects N655bn Via OMO Auction To Refinance Maturing Bill