Money market rates ended last week on a mixed note as the Central Bank of Nigeria (CBN) withdrew ₦2.3 trillion from the banking system via Open Market Operations (OMO) and Treasury bill auctions to curb excess liquidity. Despite inflows from maturing OMO bills (₦600 billion) and Treasury bills (₦258 billion), much of the liquidity was … Continue reading CBN Liquidity Tightening Pushes Money Market Rates In Mixed Direction