Mixed Interbank Lending Rates as OMO Maturities Inject Liquidity Into Financial System

Nigeria’s interbank lending rates displayed a mixed pattern on Tuesday, following the injection of fresh liquidity from matured Open Market Operation (OMO) bills. The influx of funds eased pressure in the financial system, even as the Central Bank of Nigeria (CBN) intensified liquidity management efforts. Cash conditions in the banking sector have been volatile due … Continue reading Mixed Interbank Lending Rates as OMO Maturities Inject Liquidity Into Financial System