Central Bank of Nigeria Withdraws N3.46tn from Financial System
The Central Bank of Nigeria has reportedly withdrawn a significant sum of N3.46tn from the financial system through its latest Open Market Operations and Treasury bills auctions.
According to a report by Punch Newspapers, the Central Bank of Nigeria (CBN) has withdrawn a massive sum of N3.46tn from the financial system through its latest Open Market Operations (OMO) and Treasury bills auctions. The report, published on November 6, did not specify the exact date of these transactions. The CBN has not yet issued a statement confirming or explaining the withdrawal. Read more on Punch Newspapers
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