Money market indicators closed the session on a divergent note as liquidity within Nigeria’s financial system contracted sharply, declining by roughly 60 percent following significant settlement obligations tied to Central Bank of Nigeria (CBN) open market operations. The steep liquidity squeeze was largely attributed to the settlement of approximately ₦2.7 trillion in Open Market Operation … Continue reading Money Market Rates Close Mixed As System Liquidity Drops 60% On CBN OMO Settlements