Browsing: Money
Excess liquidity in the financial system, totalling N6.2 trillion, kept short-term money market rates steady as banks continue to place funds with the Central Bank.
The money market rates closed on a mixed note, as deposit money banks’ placements at the Central Bank of Nigeria (CBN) Standing Deposit Facility (SDF) window were offset by some operators borrowing.
Money Market Rates Steady Amidst Heavy Liquidity Money market rates were steady amid heavy liquidity in the financial system, reflecting…
Banks Boost Financial System Liquidity Ahead of OMO Debit Banks’ placement at the Central Bank of Nigeria (CBN) Standing Lending…
Money Market Rates Soften Despite OMO, NTB Debits Money market rates softened despite huge outflows related to settlement for OMO…
The benchmark interest rate for short-term, unsecured lending between banks, Nigerian Interbank …
Money Market Rates Diverge, DMBs Placements Decline The money market rates diverged amidst strong liquidity levels in the financial system…
Financial System Liquidity Plunges after CBN Raised N3.9trn The financial system liquidity plunged sharply following aggressive liquidity mop-up activities of…
Money Market Rates Mixed as System Liquidity Plunges by 60% The money market rates closed on a mixed note as…
Funding Costs Ease as Banking System Liquidity Increases Funding costs eased as banking system liquidity increased following OMO repayment and…