CBN withdraws N4.11 trillion in one week using OMO Sales
Home > market news
Financial News
CBN withdraws N4.11 trillion in one week using OMO Sales
30 Mar, 2026
The Central Bank of Nigeria (CBN) sterilised N4.11 trillion from the financial system within one week through dual Open Market Operations (OMO) sales conducted on March 23 and 27, 2026. Financial data released by the apex bank at the close of business on Friday, March 27, confirmed the scale of liquidity mop-up as well as inflows, indicating the persistence of excess cash with elevated opening balances of Banks/Discount Houses at record N716.033 billion. The move comes amid sustained monetary tightening efforts aimed at curbing inflation, even as analysts warn of potential risks to Nigeria’s long-term growth ambitions.............................….......READ MORE
We use cookies on our websites to improve your user experience and our services, and to analyze the use of our website.
In accordance with NDPR, continuing to use this platform indicates your consent to the processing of your
personal data by Osborne Capital Markets Limited and our partners as detailed in our Privacy Policy.
To learn more, read our Privacy Policy and Data Consent Policy