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CBN reverses OMO restriction, opens market to local investors

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CBN reverses OMO restriction, opens market to local investors

14 Aug, 2026

The Central Bank of Nigeria, CBN, yesterday reversed its seven years restriction on participation of local investors in Open Market Operations, OMO, opening the market to individuals, corporates and non-bank financial institutions. The restriction was introduced in 2019, in a bid to reduce pressure on the Naira, direct more lending to the real sector and drive down interest rates.....................….......READ MORE