System liquidity had opened the week in deficit, fuelling modest pressure on interbank rates. However midweek, inflows of about N653.79 billion, comprising N350 billion from Open Market Operation (OMO...
The Nigerian money market is poised for a liquidity boost as inflows from Federal Government of Nigeria (FGN) bond coupon payments worth N143.13 billion are expected to ease pressure on overnight lend...
The naira closed flat on Tuesday at the official foreign exchange (FX) market following an improvement in liquidity. After trading on Tuesday, the naira appreciated slightly against the dollar by N5.5...
Nigerian banks are increasingly relying on costly short-term commercial papers (CPs) to address liquidity challenges as the Central Bank of Nigeria (CBN) enforces stringent cash reserve policies, driv...
