Money market rates tighten as OMO, T-bills drain liquidity

By Boluwatife Oshadiya | September 30, 2026 Key Points Main Story Nigeria’s money market tightened as Central Bank of Nigeria (CBN) Treasury bill and Open Market Operation (OMO) settlements absorbed liquidity, reducing the system surplus to ₦3.57 trillion. According to Cowry Asset Limited, the intermarket credit balance fell from an opening surplus of ₦4.35 trillion … Continue reading Money market rates tighten as OMO, T-bills drain liquidity