Search
Login

North Africa

Central Africa

East Africa

West Africa

Southern Africa

Investor Demand Surges in Nigeria’s Open Market Operations Auction

© Allen Dreyfus

Vincent Nwanma

Vincent Nwanma is a seasoned analyst, columnist, and reporter with over 30 years of experience in business and economics journalism across Nigeria and Africa.
  • CBN offered N500m in treasury bills, subscriptions soared to N987b
  • High demand driven by foreign investors as Nigeria battles rising inflation

 

Abuja, Nigeria – Investors demanded almost double the amount that the Central Bank of Nigeria (CBN) offered in its Open Market Operations (OMO) on Wednesday, reflecting renewed interest in government securities.

You need an active subscription to continue reading this article.

Free Trial

Recent Business

generic-1-1024x683
Tinubu’s Emergency Rule in Rivers Sparks Constitutional Backlash
19/03/2025
15 hours ago
Dulue Mbachu
Read More »
generic-1-1024x683
Morocco’s Central Bank Cuts Rates Again to Spur Growth
18/03/2025
1 day ago
Dulue Mbachu
Read More »
generic-1-1024x683
Nigeria’s Inflation Slows as CPI Overhaul Alters Price Dynamics
17/03/2025
2 days ago
Dulue Mbachu
Read More »

Recent Politics

generic-1-1024x683
Tinubu’s Emergency Rule in Rivers Sparks Constitutional Backlash
19/03/2025
15 hours ago
Dulue Mbachu
Read More »
breaking_news
Tinubu Suspends Rivers State Governor In State Of Emergency Address
18/03/2025
1 day ago
Adeola Oladipupo
Read More »
Paris, France. 25th July, 2024
Senegal’s Amnesty Law Interpretation Sparks Political Rift
18/03/2025
1 day ago
Alhousseiny Djigo
Read More »

Latest Posts

Latest news insights

generic-1-1024x683
Read More »
Gabon Settles $29.6M in World Bank Arrears Amid Debt Pressures
generic-1-1024x683
Read More »
Côte d’Ivoire Raises $244M in Latest Bond Auction Amid Rising Yields
generic-1-1024x683
Read More »
Tinubu’s Emergency Rule in Rivers Sparks Constitutional Backlash
generic-1-1024x683
Read More »
IMF Approves $496M for Morocco Under Resilience and Sustainability Facility
generic-1-1024x683
Read More »
Côte d’Ivoire Raises $244M in Latest Bond Auction Amid Rising Yields
generic-1-1024x683
Read More »
Tinubu’s Emergency Rule in Rivers Sparks Constitutional Backlash
generic-1-1024x683
Read More »
IMF Approves $496M for Morocco Under Resilience and Sustainability Facility
breaking_news
Read More »
Tinubu Suspends Rivers State Governor In State Of Emergency Address
generic-1-1024x683
Read More »
Tinubu’s Emergency Rule in Rivers Sparks Constitutional Backlash
generic-1-1024x683
Read More »
IMF Approves $496M for Morocco Under Resilience and Sustainability Facility
breaking_news
Read More »
Tinubu Suspends Rivers State Governor In State Of Emergency Address
Dakar, Senegal. 13th Mar, 2025. A view of the western corniche in Dakar, Senegal, on March 14, 2025. The ever-expanding Senegalese capital faces numerous challenges in terms of urbanization
Read More »
Senegal Raises Over $60M Amid Budget Turbulence