Short-term interest rates in Nigeria’s money market dropped significantly last week, driven by an influx of liquidity into the banking system. The surge in funds eased funding stress, reducing reliance on the Central Bank of Nigeria’s (CBN) Standing Lending Facility (SLF). Cowry Asset Management, in its market bulletin, revealed that net inflows into the financial … Continue reading Short-Term Rates Dip Amid Strong Liquidity In Nigerian Banking Sector