The Central Bank of Nigeria (CBN) raised a total of N1.008 trillion at its Open Market Operations (OMO) auction held on Friday, April 25, 2025.
This follows an overwhelming investor demand that led to a 102 percent oversubscription.
According to the apex bank data, the auction, which initially offered N500 billion across two maturities, attracted total bids of nearly N1.4 trillion.
This indicates that investors sought to take advantage of high-yield government instruments…
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