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MarketNews
The Central Bank of Nigeria (CBN) allotted OMO bills to match the aggregate subscription from investors seeking high-yield naira assets at the primary market auction.
Nigerian deposit money banks (DMBs) placements at the Central Bank of Nigeria (CBN) Standing deposit Facility (SDF) window edged higher on midweek as the authority slowdown aggressive liquidity management action.
Excess liquidity in the Nigerian financial system surged about 33% after heavy OMO bill
The Central Bank of Nigeria (CBN) raised a total of NGN4.5 trillion through OMO and Treasury bills last week, as investor demand for naira assets remains strong via primary market auctions (PMAs)
The Central Bank of Nigeria (CBN) hiked treasury bill rates after the authority kept the monetary policy rate at 26.5% last month as inflation accelerated toward 16%.
The Central Bank of Nigeria (CBN) is scheduled to open Nigerian Treasury bills worth N700 billion across standard tenors at the primary market auction on Wednesday.
The Central Bank of Nigeria (CBN) sold OMO bills worth N7.30 trillion in May 2026 as part of efforts to manage liquidity levels in the financial system.
Money market liquidity topped N6 trillion at the close of the trading session last week despite a substantial rise from the open market operation conducted by the Apex Bank.
The average yield on Nigerian Treasury bills eased slightly by 6 basis points (bps) week on week to 17.51% on Friday, as deposit money banks and other portfolio managers remain bullish.