Tag: CBN
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Money Market Rates Spike as CBN Actions Squeeze Liquidity
Money Market Rates Spike as CBN Actions Squeeze LiquidityCentral Bank of Nigeria (CBN) activities plunged the financial system's liquidity into deficit, reflecting outflow for...
CBN Injects $50mln to Support Naira in FX Market
CBN Injects $50mln to Support Naira in FX MarketThe Central Bank of Nigeria (CBN) injected $50 million into the foreign currency market to boost...
Exchange Rates Deteriorate Across Nigeria’s Forex Markets
Exchange Rates Deteriorate Across Nigeria's Forex MarketsNaira's exchange rates deteriorated across Nigeria’s foreign exchange (FX) markets due to renewed pressures from increased demand for...
Money Market Rates Ease as Foreign Inflow Boost Liquidity
Money Market Rates Ease as Foreign Inflow Boost LiquidityMoney market rates moderated as inflows from foreign portfolio investors (FPIs) cushioned the impact of the...
OMO Outflow Tightens Liquidity, Pushes Money Market Rates to 30%
OMO Outflow Tightens Liquidity, Pushes Money Market Rates to 30%Money market rates hovered around the 30% level as open market operations (OMO) auction settlement...
