The report revealed that liquidity in the system was initially boosted by N903.4bn inflow from the Federation Account Allocation Committee.
It noted that despite those restrictive measures, system liquidity closed the month at N253.6bn, recovering from a negative position in August.
During September, the CBN held three rounds of NTB auctions and two rounds of OMO auctions to manage liquidity.
On the OMO front, the CBN withdrew N712.
5bn to moderate excess liquidity and address inflationary pressures.
In August, The PUNCH also reported that the CBN auctioned $876.
26m to 26 qualified banks under its Retail Dutch Auction System...
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