Money market rates remained stable despite a widening deficit in the banking system, as liquidity conditions deteriorated further, pushing the market deeper into negative territory on Thursday. The strain on liquidity followed the settlement of ₦516.59 billion for Nigerian Treasury Bills (NTBs) auctioned to investors, alongside simultaneous inflows from matured bills. The Nigerian Interbank Offered … Continue reading Money Market Rates Hold Steady As Banking Sector Deficit Expands