Business
CBN’s liquidity mop-up dips: Fewer OMO auctions signal policy shift.
Nigeria's central bank significantly scaled back its liquidity management efforts in July, with a notable reduction in Open Market Operations. This strategic shift has seen the CBN's liquidity mop-up fall to N7.18 trillion, signaling potential implications for the nation's financial landscape and economic direction.
Tribune Online·August 4, 2026AI-curated
The Central Bank of Nigeria (CBN) reduced the amount of money it removed from the banking system through Open Market Operations (OMO) in July, following a cut in the number of auctions held during the month. The post Fewer OMO auctions reduced CBN’s liquidity mop-up to N7.18trn i
nigeriacbneconomyomo auctionsliquidity
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