CBN sells N3.3trn OMO bills to banks, foreign investors amid tight liquidity push

By Boluwatife Oshadiya Key Points Main Story The Central Bank of Nigeria (CBN) intensified its liquidity tightening measures last week after selling Open Market Operation (OMO) bills valued at about N3.3 trillion across two major auctions, as the apex bank continues efforts to manage excess liquidity and curb inflationary pressure in the economy. The auctions … Continue reading CBN sells N3.3trn OMO bills to banks, foreign investors amid tight liquidity push