CBN announces removal of restrictions on Discount Window access for FX, OMO
The CBN has lifted restrictions on Discount Window access for FX transactions and OMO participation. This move aims to enhance market operations and improve liquidity in the financial sector.

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CBN announces removal of restrictions on Discount Window access for FX, OMOPublished
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August 12, 2026By
Dunamis OgalahThe Central Bank of Nigeria, CBN has reviewed its Discount Window restrictions and the framework governing participation in Open Market Operations, OMO.
This was disclosed in a circular signed by the apex bank's Acting Director of the Financial Markets Department, Okey Umeano, on Wednesday.
With the latest review, the CBN said the existing restriction on participation in OMO auctions by institutions accessing the Discount Window on the same day will remain in force.
However, it removed the foreign exchange (FX) transaction restrictions on access to the Discount Window arising from participation in the Nigerian Foreign Exchange Market, NFEM and primary auctions of government securities.
The apex bank further said the suspension of tenored Repurchase (Repo) transactions has been lifted.
The CBN noted that the review takes effect immediately.
"The Central Bank of Nigeria, CBN has reviewed existing market practices and developments in the foreign exchange, money, and fixed-income markets. The Bank has also reviewed the framework governing access to the Standing Lending Facility (SLF), Tenored Repo Operations and participation in Open Market Operations (OMO)," the CBN stated. Tinubu signs tax remission presidential order for Nigeria's deep offshore oil projects NCC decries over 5,000 fibre cuts in six months, urges protection during road construction Investors record N1.17tn significant loss as NGX reverses gain Domestic crude must be available and commercially viable - Dangote Refinery Dollar to Naira exchange rate today, August 11, 2026: Nigerian Naira depreciates, reverses gain Gas flaring: CSOs raise concern over poor enforcement of Methane emission laws in Nigeria Heirs Life Assurance appoints Pastor Jerry Eze as Non-Executive Director NNPCL reduces fuel pump price after DAILY POST report Air Peace flight operations grounded nationwide
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