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OPEN MARKET OPERATIONS
The Central Bank of Nigeria (CBN) raised a total of N1.008 trillion at its Open Market Operations (OMO) auction held on Friday, April 25, 2025, following overwhelming investor demand that led to a 102% oversubscription.
The Central Bank of Nigeria (CBN) conducted an Open Market Operations (OMO) auction on March 6, 2025, attracting...
The Federal Government has announced plans to raise approximately $1.7 billion through the issuance of Eurobonds to help finance the revenue shortfalls of the 2024 budget.
The Central Bank of Nigeria (CBN) has reported a noticeable increase in investor demand for longer-tenured government securities.
The Central Bank of Nigeria (CBN) has disclosed that over 75% of bids received during the auctions of government securities held on March 1 and 6, 2024, were from foreign investors, showcasing their growing interest in Nigeria's financial instruments.
Officials at the APEX Bank are denying reports that they plan to unwind OMO Sales.
In the meantime, liquidity in the Nigerian banking system is said to be below N100 billion
In Nigeria, one of the monsters that need to be faced head-on is the regime of high-interest rates and its effects on the growth of the country.
A further decline in the interbank lending rates is expected as N405 billion treasury bills matured to boost liquidity.
Last week, the local bourse sustained its lacklustre performance as the All Share Index shed 0.04% w/w to settle at 26,526.35 points.
CBN has published its Treasury Bills programme for January–March 2020, indicating that it planned to raise about ₦847.4 billion in cash.
The CBN has ordered all commercial banks and other financial institutions to ensure treasury bills are not sold to individuals and small firms.