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Open Market Operation (OMO)

CBN mops up N1.06trn excess liquidity from banking system, repays N2.21trn via maturing OMO bills

Central Bank of Nigeria (CBN), Wednesday, disclosed that it mopped up excess liquidity from the banking system, raising N1.06 trillion at its Nigerian Treasury Bills (NTBs) auction after the repayment of N2.21 trillion in maturing Open Market Operation (OMO) bills injected…

Posted on VN