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Investors chase N12.14 trillion in OMO bills as CBN rates fall
Summary by The Lagos Editorial Desk · Byline on the source page: Kelechi Mgboji , as published by Nairametrics
· October 5, 2026
· 1 min read
Photo: Nairametrics · view original
Story provenance No corrections
Summary created by The Lagos Editorial Desk — automated, rule-governed Byline on source page Kelechi Mgboji, as published by Nairametrics Original story Read at the source Source published Oct 5, 2026 Indexed here Oct 5, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
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Key points These auctions attracted a significant amount of bids, totaling N12. The Central Bank of Nigeria closed September with two Open Market Operations auctions.
The Central Bank of Nigeria closed September with two Open Market Operations auctions. These auctions attracted a significant amount of bids, totaling N12.14 trillion.
The auctions were for OMO bills, and it is noted that CBN rates fell. Further details about the auctions and the implications of the fallen rates are available.
Investors showed strong interest in the OMO bills, as evidenced by the large amount of bids received. For more information about the auctions and the Central Bank of Nigeria's activities, further reading is recommended.
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Nairametrics reported and published this story. The Lagos selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by Nairametrics . The Lagos selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: News ·
Published: October 5, 2026 ·
Source: Nairametrics ·
Reading time: 1 min
Frequently asked about this story
What is this story about? The Central Bank of Nigeria closed September with two Open Market Operations auctions. These auctions attracted a significant amount of bids, totaling N12.14 trillion. The auctions were for OMO…
When was this published? This article was first published on October 5, 2026 by Nairametrics and curated for The Lagos readers.
Who reported this story? This story was reported by Kelechi Mgboji at Nairametrics. To learn more about how The Lagos selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more News coverage from The Lagos, or browse our daily briefing and topic hubs .
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