Economy· August 17, 2026 at 10:52 a.m.
Nigeria's Central Bank Expands Access to Open Market Operations
Key takeaways
- CBN expands access to open market operations
- Move aimed at enhancing liquidity in financial system
- Broadened access to address foreign exchange challenges
The Central Bank of Nigeria (CBN) has broadened access to its open market operations, Financial Afrik reports. This move is aimed at enhancing liquidity in the financial system and ensuring stability in the foreign exchange market. The expansion comes amidst increasing demand for foreign exchange due to rising imports and capital outflows.