Nigeria: Omo Policy Revision Deepens Market Pressure As August Losses Hit N2.5tn

[This Day] The Nigerian equities market depreciated by N2.5 trillion in August 2026, influenced by the revised Open Market Operations (OMO) framework by the Central Bank of Nigeria (CBN). The revised policy allows individuals, corporates and non-bank financial institutions to participate in the market.

The confirmation of Nigeria’s return to FTSE Russell’s Frontier Market universe creates an opportunity to deepen the country’s capital market, broaden international participation and mobilise more long-term capital for Nigerian businesses, Temi Popoola, Group Managing Director/Chief Executive Officer of NGX Group, has