CBN opens N1.5 trillion OMO auction today as banking-system cash exceeds N5.9 trillion
The Central Bank of Nigeria (CBN) is conducting an Open Market Open auction today targeting to sell N1.5 trillion as fresh wave of liquidity has already risen above N5.9 trillion in addition to estimated inflows of N2.448 trillion expected to enter the banking system this week. The post CBN opens N1.5 trillion OMO auction today as banking-system cash exceeds N5.9…
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