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Nigeria exports N7.3trn crude oil in six months

Nigeria’s crude oil export appreciated by 17.38 per cent to N7.308 trillion in the first six months of 2018 from N6.226 trillion recorded in the last six months of 2017, according to data obtained from the National Bureau of Statistics (NBS). The NBS, in its Second Quarter 2018 Foreign Trade …

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CBN revs up liquidity mop up

Just Last week, the CBN sold N424.75 billion worth of OMO (Open Market Operations) treasury bills in a bid to address excess liquidity in the interbank money market. In addition to this, the apex bank, on behalf of the Debt Management Office (DMO) sold fresh TBs worth N136.31 billion. These …

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