Finance

Nigeria’s OMO sales falls

Nigeria’s OMO sales fall to 4yr-low after ban on local investors

Nigeria sold the lowest amount of OMO in 2020 than it did in the last four years after a ban on domestic investors by the Central Bank of Nigeria (CBN) crashed the sales of the short-term instrument. The Central Bank sold OMO worth N6.5 trillion in the year 2020, which was a decline by 57.5…

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