Liquidity Stays Robust In Money Market Amid Outflows, Mixed Rates

Money market activities last week were characterized by relatively steady short-term interest rates, as the financial system maintained strong liquidity despite notable outflows. With minimal funding strain, commercial banks eased on borrowing, while cash-surplus lenders continued to deposit surplus funds at the Central Bank of Nigeria (CBN). Consequently, the rate on idle funds remained anchored … Continue reading Liquidity Stays Robust In Money Market Amid Outflows, Mixed Rates