CBN raises over ₦1tn at OMO auction amid liquidity surge
On Friday, April 25, 2025, the Central Bank of Nigeria's OMO auction raised ₦1.008 trillion, with a 102% oversubscription due to significant investor demand.
Initially offering ₦500 billion across two maturities, the auction received about ₦1.4 trillion in total bids, as investors sought high-yield government assets amid growing inflation and expanding money supply.
This action reinf...