Nigeria’s banking system liquidity held above N8 trillion despite a N2.36 trillion Open Market Operations (OMO) mop-up by the Central Bank of Nigeria (CBN), highlighting the persistence of excess funds in the financial system.
This is according to mid-week financial data from the apex bank following its OMO auction conducted on March 23, 2026.
The development underscores the scale of liquidity inflows and the limited immediate impact of the CBN’s aggressive intervention on overall market conditions.
This is according to mid-week financial data from the apex bank following its OMO auction conducted on March 23, 2026.
The development underscores the scale of liquidity inflows and the limited immediate impact of the CBN’s aggressive intervention on overall market conditions.