Money Market Rates Show Mixed Movement As Heavy OMO Debit Tightens System Liquidity

Short-term benchmark interest rates in Nigeria’s money market ended the session on a mixed note as a significant Open Market Operation (OMO) bill debit exerted pressure on system liquidity, pushing funding costs higher toward the close of trading on Thursday. Liquidity in the financial system declined sharply after the Central Bank of Nigeria (CBN) absorbed … Continue reading Money Market Rates Show Mixed Movement As Heavy OMO Debit Tightens System Liquidity