CBN withdraws N3.31 trillion via OMO as N2.17 trillion maturities hit banking system

The Central Bank of Nigeria withdrew approximately N3.31 trillion from the banking system during its October 6, 2026 Open Market Operations auction. At the same time, about N2.17 trillion in maturing OMO bills flowed back into the system. The net effect was a significant liquidity mop-up by the central bank.

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