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CBN reverses OMO restriction, opens market to local investors
The restriction was introduced in 2019, in a bid to reduce pressure on the Naira, direct more lending to the real sector and drive down interest rates.
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CBN removes FX, government securities restrictions on discount window access
The new provisions take immediate effect, with CBN directing all banks, authorised dealers and other market participants to ensure strict compliance.
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CBN relaxes borrowing rules for banks trading FX, government securities
The Central Bank of Nigeria has relaxed borrowing rules for banks involved in foreign exchange and government securities, aiming to improve liquidity manag
