Yields likely to drop as OMO moves higher in Nigeria’s money markets

PUBLISHED: Thu, 24 Oct 2019 15:57:43 GMT


The Central Bank of Nigeria offered N350 billion in an Open Market Operations (OMO) auction today. As we await the results of today’s OMO auction in Nigeria’s money market, Emmanuel Odiaka, Fixed Income and Forex Analyst joins CNBC Africa for more.

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.