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MarketNews
The Central Bank of Nigeria (CBN) allotted OMO bills to match the aggregate subscription from investors seeking high-yield naira assets at the primary market auction.
Nigerian deposit money banks (DMBs) placements at the Central Bank of Nigeria (CBN) Standing deposit Facility (SDF) window edged higher on midweek as the authority slowdown aggressive liquidity management action.
Excess liquidity in the Nigerian financial system surged about 33% after heavy OMO bill
CBN Lifts Restrictions on Banks’ Access to FX, Govt. Securities at DW The Central Bank…
The Central Bank of Nigeria (CBN) increased the discount rate on 364-day Nigerian Treasury bills (NTB) 17.59% at the midweek auction, amid significant oversubscription.
Excess liquidity in the banking system increased sharply on Tuesday, up by about 57% to 6.81 trillion
MarketForces Africa – The Central Bank of Nigeria (CBN) is scheduled to conduct a primary market auction on Wednesday, targeting N700 billion across standard tenors.
In an attempt to lock in yields, Nigerian Treasury Bills rallied across the short, belly, and long durations ahead of the main auction scheduled for Wednesday.
Overnight lending rate (OVN) declined slightly as deposit money banks (DMBs) placements