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Emerging Markets

CBN mops up N7.2 trillion in July, but quietly changes its playbook

Nairametrics · 1h ago · 🇳🇬 Nigeria

CBN mops up N7.2 trillion in July, but quietly changes its playbook

The Central Bank of Nigeria (CBN) sterilized N7.18 trillion from the financial system in July through Open Market Operations (OMO) auctions, a 48.57% decline from the N13.96 trillion mopped up conducted in June. The post CBN mops up N7.2 trillion in July, but quietly changes its playbook appeared first on Nairametrics .

Read the full story at Nairametrics →

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