The Central Bank of Nigeria (CBN) kicked off 2025 with its first Open Market Operation (OMO) auction, attracting massive investor interest as subscriptions overshot the ₦500 billion offer by a staggering ₦1.1 trillion. The auction forms part of the apex bank’s efforts to manage liquidity and attract foreign inflows into the economy. At the auction, … Continue reading Investors Oversubscribe CBN’s First OMO Auction of 2025 Amid Declining Spot Rates