Nigeria’s money market remained largely stable on Tuesday as commercial banks continued to channel excess liquidity into the Central Bank of Nigeria’s (CBN) Standing Deposit Facility (SDF). The system’s surplus liquidity, which opened at ₦3.8 trillion, rose slightly by ₦21.6 billion from the previous level. The CBN’s SDF window saw a spike in placements to … Continue reading Money Market Rates Stable As Banks Channel ₦3.1trn To CBN Deposit Window