Nigeria’s money market recorded mixed movements across key rates as liquidity conditions improved following OMO bill maturities and increased placements by deposit money banks at the Central Bank of Nigeria’s (CBN) Standing Deposit Facility (SDF). Market activity indicated that the financial system remained awash with cash, with banks actively leveraging SDF placements to enhance short-term … Continue reading Money Market Rates Diverge As OMO Maturities And CBN Placements Boost System Liquidity