CBN withdraws N3.04 trillion in single OMO session in first week of June 2026

Nairametrics | 07-06-2026 06:51pm |

On June 5, 2026, the Central Bank of Nigeria (CBN) conducted an Open Market Operations (OMO) auction that resulted in the absorption of N3.04 trillion from the banking system. This amount was significantly higher than the N600 billion initially offered by the CBN, indicating strong investor demand across three different tenors. An analysis by Nairametrics of the auction results and daily financial market data highlighted the substantial interest from investors during this session.

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