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MarketNews
Debt Management Office (DMO) is scheduled to hold its monthly auction on June 22, targeting
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Prices of crude oil declined on Wednesday as markets await the official results of the United States (U.S) election.
Money market rates rose sharply due to a strained liquidity level after a huge OMO auction debit against the balance in the financial system. The Nigerian interbank offered rate (NIBOR) rose across all maturities, indicating tight liquidity in the banking system
The Nigerian naira appreciated in the official window as foreign reserves surged to approximately $40 billion