In May 2026, the Central Bank of Nigeria (CBN) executed a significant liquidity management operation, withdrawing N7.303 trillion from the financial system. Concurrently, the bank injected N5.734 trillion through maturing financial instruments. This resulted in a net liquidity withdrawal of N1.569 trillion for the month. Additionally, sales from Open Market Operations (OMO) reached N5.74 trillion, reflecting the CBN's ongoing efforts to regulate the money supply within the economy.
Related Articles
Don't miss out on breaking stories and in-depth articles.