The Central Bank of Nigeria has reopened Open Market Operations (OMO) to individuals, companies and non-bank financial institutions. But what exactly is OMO, why is the CBN doing this, and what should investors be watching? Oya Calm down. Let’s forget ...
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CBN to offer ₦700 Billion Treasury Bills in September: What investors should know
Fokona Editor
The Central Bank of Nigeria (CBN) is preparing to offer ₦700 billion worth of Treasury Bills at its first Nigerian Treasury Bills (NTB) auction for September 2026. The auction is scheduled for September 3, 2026, and it will cover three ...
Money Market Mutual Fund in Nigeria Explained: How Interest Rates Really Work
Iking Ferry
If you are investing in Nigeria, one of the most common questions people ask is: “If I invest in a money market mutual fund at 20% interest and the rate drops to 17%, what happens to my money?” This guide ...
Best Money Market Funds in Nigeria (2026): Simple Guide for Beginners
Iking Ferry
Many Nigerians today are looking for safe ways to grow their money without losing it. That’s why money market funds are becoming very popular. As of March 2026, Nigerians have invested over ₦5.46 trillion in money market funds. That’s huge! ...