- Nigerian OMO Bills Attract N5.7trn from Retail, Corporate Investors
- NGX Drops by N541bn as Investors Dump MTN, Zenith Bank
- Brent Slumps 17% in Sharp Weekly Pullback in Oil Market
- Pi Network Price Dips as Insider Offloads, Nears All-Time Low
- Magnificent 7 Loses $1trn in One Day – End of Tech Super Pack?
- Rand Weakens Against Dollar over US-South African Troubled Relations
- Global Markets Tumble on Tech Stocks Rout, Nasdaq, S&P 500 Fall
- XRP Loses 10% on Speculative Washout, Likely to Test $1.10
Author: Olu Anisere
Olu Anisere is a financial and economic journalist at MarketForces Africa, specialising in African macroeconomic policy, international finance, energy markets, and continental development.He covers major multilateral institutions, including the International Monetary Fund (IMF), World Bank, and the United Nations Economic Commission for Africa (ECA), providing readers with frontline reporting on policies shaping Africa's economic trajectory.Olu has reported extensively on Nigeria's fiscal and monetary policy landscape, including CBN interest rate decisions, Nigeria's bond market, FX inflows, and the country's engagement with global financial institutions.His coverage spans IMF and World Bank Spring and Annual Meetings, African Ministers of Finance conferences, and high-level economic forums where Africa's development agenda is set.His reporting captures perspectives from Africa's most influential economic voices, including Tony Elumelu, senior IMF officials, and CBN leadership, bringing institutional insight and policy depth to MarketForces Africa's readers.Olu also covers Inside Africa — tracking economic, investment, and development stories from across the continent. Olu Anisere is based in Lagos, Nigeria.
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Nigerian Banking System Excess Liquidity Climbs to N7.31trn Keeping money market rates movements in check, surplus liquidity in the Nigerian banking system topped N7.3 trillion ahead of the Apex Bank’s anticipated open market operations. System liquidity remained in surplus, edging up by ₦372 billion to ₦7.31 trillion on Monday, as banks continued parking funds at the Central Bank of Nigeria’s Standing Deposit Facility (SDF). According to AIICO Capital Limited, Deposit Money Banks opened with ₦207.77 billion and placed ₦6.89 trillion at the SDF. No activity was recorded at the Standing Lending Facility, reflecting the absence of liquidity challenges among commercial…