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    CBN Closes N2trn OMO Bills Sales with Investors

    Julius AlagbeBy Julius AlagbeMay 18, 2026Updated:May 18, 2026No Comments1 Min Read
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    CBN Closes N2trn OMO Bills Sales with Investors
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    CBN Closes N2trn OMO Bills Sales with Investors

    The Central Bank of Nigeria (CBN) closed N2 trillion in OMO bills sales with foreign portfolio investors and deposit money banks at the primary market auction on Friday.

    The monetary policy authority floated N600 billion across three short-term tenor bills to reduce excess liquidity in the financial system.

    The auction was well received, with N2.1 trillion in OMO bill subscriptions across the 32-day, 116-day, and 137-day papers.

    Investment banking firms reported that eventually, the CBN sold about N2.0 trillion at stop rates of 21.58%, 20.20% and 19.98%, respectively.

    CBN OMO Bills
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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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