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Financial market liquidity seen in N595.3bn OMO, NTB maturities

…as CBN positions to mop up

Nigeria’s financial market would be awash with liquidity estimated at N595.3 billion from maturities from Open Market Operation (OMO) and the Nigerian Treasury Bills (NTB). A breakdown of the up-coming liquidity shows that N440.9 billion will mature from OMO while N154.4 billion will come from the NTB. This week, the Central Bank of Nigeria (CBN)…

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