FG Earns N1.053trn From CBN’s OMO Auction   Investors showed an insatiable appetite for federal government’s securities at the weekend, as the Central Bank of Nigeria (CBN) successfully sold N1.053 trillion ($680 million) in short-term instruments as part of its liquidity management exercise. The CBN offered N500...

FG Earns N1.053trn From CBN’s OMO Auction   Investors showed an insatiable appetite for federal government’s securities at the weekend, as the Central Bank of Nigeria (CBN) successfully sold N1.053 trillion ($680 million) in short-term instruments as part of its liquidity management exercise. The CBN offered N500...

CBN Bars Domestic Firms, Individuals From OMO Auction     The Central Bank of Nigeria (CBN) Thursday completely prohibited individuals and local firms from investing in both its primary and secondary Open Market Operations (OMO) auctions. The central bank’s directive was contained in a circular titled: “Re: Open...