CBN Set To Sell N500 Billion OMO Bills To Investors

The Central Bank of Nigeria (CBN) will undertake open market operations (OMO), giving investors the option to gamble on new bills. The monetary authority will sell OMO bills worth N500 billion across conventional maturities in a move to encourage FX inflows from overseas investors. The OMO bill was priced at 24.44% at the primary market … Continue reading CBN Set To Sell N500 Billion OMO Bills To Investors