Interbank Rates Hold Steady As System Liquidity Surges To N3.2 Trillion

Interbank lending rates remained stable last week as Nigeria’s financial system recorded a substantial liquidity surplus exceeding N3.2 trillion, fuelled by massive inflows from maturing short-term instruments and increased placements at the Central Bank of Nigeria (CBN)’s deposit window. Money market analysts reported that system liquidity closed the week at N3.20 trillion, reflecting an increase … Continue reading Interbank Rates Hold Steady As System Liquidity Surges To N3.2 Trillion