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MarketNews
The Central Bank of Nigeria (CBN) turned down more than N2.4 trillion in investors’ money as total subscription at the open market operation topped N4.6 trillion, according to auction results reviewed by MarketForces Africa.
CBN Allots N2.1 Trillion OMO Bills to Banks, FPIs at 17.25% The Central Bank of…
The short-term benchmark interest rates mixed as a huge OMO bill debit strained liquidity conditions in the money market. The outflow pushed funding costs higher at the close of business on Thursday.
CBN OMO Bills Auction Attracts N5.9 trillion in Subscription The Central Bank of Nigeria (CBN)…
Money Market Liquidity Hits N6trn as CBN Refuses OMO Bids The liquidity level in the…
The Debt Management Office (DMO) raised N1.54 trillion at its monthly auction sales in January as investors’ subscription signaled a higher appetite for the naira assets.
Overnight, Repo Rates Steady with Excess Liquidity in Money Market Excess liquidity in the financial…