…OMO sales in first four months match 2025 total Traditionally, pre-election years in Nigeria are characterised by a deluge of campaign spending that could drown the economy in inflationary pressure. To preempt this surge, the Central Bank of Nigeria (CBN) has ramped up its Open Market Operations (OMO) to an unprecedented scale, acting as a vacuum for the surplus cash circulating within the financial system. The magnitude of this intervention is staggering. Within the first four months of 2026, OMO sales have hit N30.12 trillio
…OMO sales in first four months match 2025 total Traditionally, pre-election years in Nigeria are characterised by a deluge of campaign spending that could drown the economy in inflationary pressure. To preempt this surge, the Central Bank of Nigeria (CBN) has ramped up its Open Market Operations (OMO) to an unprecedented scale, acting as a vacuum for the surplus cash circulating within the financial system. The magnitude of this intervention is staggering. Within the first four months of 2026, OMO sales have hit N30.12 trillio