Nigerian Money Market Rates Show Mixed Trends Amid Shifting Liquidity

Nigeria’s money market rates reflected divergent movements on Wednesday, as liquidity conditions continued to fluctuate across the financial system. Data showed the Open Repo Rate (OPR) slipped by 8 basis points to 26.42%, while the overnight lending rate inched up by 4 basis points to 26.96%. Analysts attribute the divergence to varying funding needs among … Continue reading Nigerian Money Market Rates Show Mixed Trends Amid Shifting Liquidity