CBN Raises N1.68 Trillion From OMO Bills At 19.32% Interest Rate

The Central Bank of Nigeria (CBN) has successfully raised N1.68 trillion from Open Market Operations (OMO) bills sold to investors, including local banks and foreign portfolio investors, at an average stop rate of 19.32%. This significant fundraising effort followed strong demand from investors during a primary market auction conducted on Thursday. The CBN initially offered … Continue reading CBN Raises N1.68 Trillion From OMO Bills At 19.32% Interest Rate