CBN mops up N170bn as financial market resumes


The Nigerian financial market on Thursday resumed activities after the two-day holiday, with the Central Bank of Nigeria (CBN) mopping up a total of N170 billion from the system through its Open Market Operation (OMO). OMO refers to the buying and selling of government securities, usually by the central banks, to control liquidity in the…

or to read full article

Comments are closed, but trackbacks and pingbacks are open.