In a strong display of market confidence, local deposit money banks (DMBs), foreign portfolio investors (FPIs), and other authorised dealers bid heavily on the Central Bank of Nigeria’s (CBN) Open Market Operation (OMO) bills auction held on Tuesday, placing a staggering N1.45 trillion in offers. The auction attracted an overwhelming demand, reflecting the appeal of … Continue reading Investors Oversubscribe CBN’s OMO Auction, Stake N1.45 Trillion Amidst High-Yield Attraction