The Central Bank of Nigeria (CBN) on Tuesday conducted another round of Open Market Operation (OMO) auctions as part of efforts to mop up excess liquidity in the financial system. The auction drew strong interest from both foreign portfolio investors (FPIs) and deposit money banks (DMBs), following two consecutive under-allotments by the apex bank since … Continue reading CBN Raises N3 Trillion Via OMO Bills Amid N4.4 Trillion Subscriptions