Money Market Rates Decline As OMO Maturity Boosts Liquidity

Nigerian money market rates fell on Wednesday following a major inflow from Open Market Operation (OMO) maturities, which eased pressure on system liquidity. Despite an earlier deficit of about ₦95 billion in the financial system, data from the Central Bank of Nigeria (CBN) indicated that liquidity conditions improved significantly after a ₦854.46 billion OMO maturity … Continue reading Money Market Rates Decline As OMO Maturity Boosts Liquidity