The Central Bank of Nigeria (CBN) conducted an Open Market Operations (OMO) auction on 6 March 2025, attracting total subscriptions of N1.88 trillion—more than three times the initial N600 billion on offer. Despite the strong investor demand, stop rates on…
The Central Bank of Nigeria (CBN) conducted another Open Market Operation (OMO) auction on February 13, 2025, attracting significant investor participation. Total subscriptions reached N1.915 trillion, indicating continued confidence in CBN’s liquidity management instruments. However, compared to the January 31,…
OMO, Unilever’s innovative detergent brand, has concluded the first phase of its 2022 Plastic Recycling program, an initiative focused on influencing change by educating young Nigerians and school children on sustainability and protection of the environment while urging them to…
Open Market Operations(OMO) sales by Central Bank of Nigeria (CBN) dropped by 48.5 percent in half year of 2021 to N1.8 trillion as against N3.49trillion reported in first half of 2020. OMO is basically designed to be a short-term market…
By Kayode Tokede Sources in the Central Bank of Nigeria (CBN) have denied a recent Bloomberg report that the apex bank will be unwinding its Open Market Operations (OMO) programme which has targeted foreign investor inflows for the last three…
