CBN Opens ₦1.56 Trillion OMO Bills To Investors

In a notable development, the Central Bank of Nigeria (CBN) sold OMO bills worth ₦1.56 trillion during Monday’s primary market auction. The offering attracted robust demand, especially from foreign portfolio investors (FPIs) and local banks, as interest in longer-tenor instruments surged. The CBN initially offered ₦600 billion across two long-tenor instruments. However, demand exceeded expectations, … Continue reading CBN Opens ₦1.56 Trillion OMO Bills To Investors