Investors just parked N4.7 trillion with the CBN in one week. Here is why
AI Summary
The Central Bank of Nigeria absorbed approximately N4.74 trillion through three Open Market Operations auctions during the final week of June 2026. This aggressive liquidity sterilisation campaign aims to manage monetary conditions in the Nigerian economy.
The Central Bank of Nigeria (CBN) extended its aggressive liquidity sterilisation campaign into the final week of June 2026, absorbing approximately N4.74 trillion across three Open Market Operations (OMO) auctions conducted on June 22 and June 23. The post Investors just parked N4.7 trillion with the CBN in one week. Here is why appeared first on Nairametrics.