Tag: Central Bank
Central Bank of Nigeria Raises N7.7 Trillion in Q1 2024 Through Treasury Bills and OMO Sales
In a bid to manage surplus liquidity in the banking sector, the Central Bank of Nigeria (CBN) has achieved a significant milestone by generating N7.7 trillion through Nigerian Treasury Bills (NTBs) and Open Market Operations (OMO) in the first quarter of 2024. This marks a remarkable surge of 383% compared to the N1.59 billion acquired…