The Central Bank of Nigeria (CBN) allotted N4.77 trillion in OMO bills to investors across primary market auctions conducted in February, as part of efforts to reduce excess liquidity in the financial system.

Ripple (XRP) has seen little price fluctuation recently, trading at $1.36 despite notable outflows from exchange-traded funds (ETFs). In the first week of March, U.S. spot XRP ETFs faced their first significant net outflow since late January, with losses totalling $4.09 million.