CBN sells N360.9bn worth of OMO bills
The Central Bank of Nigeria sold 360.9 billion worth of OMO bill in its first auction in nine sessions on Thursday. Deinma Iyagba, Currency Trader at UBA joins CNBC Africa to review this week’s trade at Nigeria’s fixed income and forex market.
T-Bills yields rise as CBN mops up N553bn
The Central Bank of Nigeria conducted its first OMO auction in two weeks on Thursday, offering 400 billion naira. The auction witnessed an aggressive mop-up of about 553 billion naira from the system by the CBN. Olawale Hamed, Currency Trader with UBA joins CNBC Africa for a weekly wrap of the fixed income and forex markets.