Demand for the Central Bank of Nigeria’s Open Market Operations (OMO) bills rebounded sharply on the recent CBN auction, as excess liquidity in the financial system drove subscriptions to about N3 trillion, reversing last week’s weak investor appetite.
“The improved demand was influenced by
```
Members Only
Login or create an account to continue
This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.
New to BusinessDay? Register now and start reading.
```
Ayomide Odunlami
Ayomide Odunlami is a Tax Reporter at BusinessDay, covering Nigeria’s tax reforms, compliance trends, and government revenue strategies. She reports on how evolving tax policies affect businesses, investors, and the broader economy, providing clarity on complex regulatory issues through data-driven journalism.
