By Boluwatife Oshadiya | August 17, 2026 Key Points Main Story Money market liquidity tightened as Treasury bills and open market operation (OMO) settlements drained funds from Nigeria’s financial system, pushing the average funding cost higher to 22.13%. According to Cowry Asset Limited, the intermarket credit balance fell from an opening surplus of ₦4.35 trillion … Continue reading Money market rates rise as OMO, T-bills drain liquidity