Interbank Rates Steady As Financial System Liquidity Reaches N1.5 Trillion

Interbank lending rates remained stable as liquidity levels in the financial system surged to N1.5 trillion, fueled by substantial inflows from matured Open Market Operation (OMO) bills at midweek. The market closed with a strong net position, reversing previous trends following recent liquidity injections from FAAC disbursements, NLNG proceeds, and matured Treasury bills. The increased … Continue reading Interbank Rates Steady As Financial System Liquidity Reaches N1.5 Trillion