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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
Short-Term Rates Diverge as OMO Inflows Flood Money Market The short-term benchmark interest rates closed…
CBN Sells N5.32trn OMO Bills, Foreign Investors Chase Rates The Central Bank of Nigeria (CBN)…
Nigeria Bonds Yield Sinks to 16% on Broad-Based Demand The average yield on Nigerian government…
Money Market Rates Stable, Financial System Liquidity Tempers Money market funding costs were steadied due…
Liquidity: Cash-Rich Banks Chase 24.5% SDF Rate at CBN Window The short-term benchmark interest rates…
FTSE Russell to Upgrade Nigeria to Frontier Market Status Two years after de-ranking, FTSE Russell…