Despite Significant Inflows From Open Market Operation (Omo) Bill Repayments And Cash Reserve Requirement (Crr) Refunds, Interbank Lending Rates Surged On Tuesday, Driven By Funding Pressures In Nigeria’s Financial System. The liquidity level in the banking system saw a 67% boost, rising from ₦476 billion to ₦797.66 billion following an OMO bill repayment of ₦164.68 … Continue reading Interbank Rates Soar Amid Strong Liquidity Inflows From Omo Repayment, Crr Refund