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CBN withdrew N1.1trn via OMO auctions to boost FX inflows in May

By Chinwendu Obienyi The Central Bank of Nigeria (CBN) mopped up N1.1 trillion from the financial system through Open Market Operation (OMO) auctions in May 2025 as part of its ongoing strategy to tighten naira liquidity and bolster foreign exchange (FX) inflows, according to recent market reports from Afrinvest and Cowry Asset Management Limited. Hence, […] The post CBN withdrew N1.1trn via OMO auctions to boost FX inflows in May -Report appeared first on The Sun Nigeria.


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