Interbank rates jumped on Tuesday as deposit money banks (DMBs) drained liquidity from the financial system, according to market reports. Funding levels fell in the absence of additional inflows from maturing instruments, with no primary market auction held on Wednesday. System liquidity moderated by ₦151.1 billion to ₦162.8 billion, down from ₦313.9 billion in the … Continue reading Interbank Rates Jump As Banks’ Transactions Tighten Liquidity