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Nigerian stocks face selloff risk as CBN opens OMO to retail investors

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Nigerian stocks face selloff risk as CBN opens OMO to retail investors

18 Aug, 2026

The Central Bank of Nigeria’s decision to reopen Open Market Operations (OMO) securities to individuals and corporates has created a new investment option for domestic investors. Under a circular issued on August 12, 2026, individuals, companies and non-bank financial institutions can now participate in primary and secondary OMO markets through Deposit Money Banks. The change reverses a key restriction introduced in 2019 and comes at a time when investors are already showing strong appetite for high-yielding fixed-income securities...................….......READ MORE