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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
Excess Liquidity in Banking System Hits N8.2trn The financial system witnessed a marginal surge in…
Money market rates diverged amidst strong liquidity in the financial system, driven by deposits from Nigerian lenders’ activities at the Apex Bank window.
The Central Bank of Nigeria (CBN) sold OMO bills worth N2.4 trillion to banks, and foreign portfolio investors at the primary market auction floated on Monday.
The Central Bank of Nigeria (CBN) cut interest rates on Nigerian Treasury bills across the 182- and 364-day tenors at the midweek auction, according to details from the results release.
CBN to Open N1.05trn Nigerian Treasury Bills for Subscriptions The Central Bank of Nigeria (CBN)…
Reflecting the absence of financial pressures, the overnight interest rate has declined following a significant rise in money market liquidity, which has now reached N6.8 trillion.