CBN liquidity operations push Nigeria’s interbank rates higher

By Boluwatife Oshadiya | October 12, 2026 Key Points Main Story Nigeria’s interbank overnight rate rose to 20.85% last week as Central Bank of Nigeria (CBN) liquidity operations reduced the financial system’s surplus, despite substantial Open Market Operations (OMO) maturities and bank placements at the apex bank’s Standing Deposit Facility (SDF). Cowry Asset Management Limited … Continue reading CBN liquidity operations push Nigeria’s interbank rates higher