Nigerian Interbank Rates Remain Stable Amid Surplus Liquidity And CBN Auctions

Surplus liquidity across Nigeria’s financial system has helped sustain low short-term interest rates, with minimal fluctuations recorded in the interbank market during the past week. The Central Bank of Nigeria (CBN) refrained from introducing any major fresh liquidity injections, yet the system remained adequately funded. Analysts from Cowry Asset Management noted that money market stability … Continue reading Nigerian Interbank Rates Remain Stable Amid Surplus Liquidity And CBN Auctions