CBN Raises N26.4 Trillion via T-Bills and OMO Amid Economic Challenges
The Central Bank of Nigeria (CBN) has raised an estimated N26.4 trillion through Treasury Bills and Open Market Operations in the first eight months of 2025. This move is part of CBN's aggressive monetary tightening strategy to stabilize the economy, manage liquidity, and curb inflationary pressures.
The funds raised include N17 trillion from Treasury Bills and N9.4 trillion from OMO, reflecting a significant year-on-year growth. These debt instruments issued by the government play a crucial role in managing liquidity and influencing interest rates.
CBN's actions aim to guide market expectations and maintain financial stability amidst economic challenges.
Plus234Feed summary based on reporting from This Day. Read the original report below.
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