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CBN mops up N4.72tn as OMO demand surges

Investors placed N8.62tn worth of bids for the Central Bank of Nigeria’s Open Market Operations securities in two days, as yields on the short-term instruments climbed as high as 19.90 per cent.

FX utilisation jumps 74% to $16.2bn in Q1

Nigeria’s foreign exchange utilisation rose sharply to $16.2bn in the first quarter of 2026, representing a 74 per cent increase from the same period a year earlier, as improved dollar supply and…

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