Money Market Liquidity Drops to N5.8trn
The Nigerian money market maintained a steady posture mid-week as the banking system’s massive liquidity surplus experienced a marginal narrowing. Despite the contraction, the financial system remains significantly awash with cash, shielding interest rates from upward pressure even in...
CBN To End $40bn OMO Bills Market
The Central Bank of Nigeria (CBN) will soon end the Open Market Operation (OMO) Bills sales to investors. The policy shift could hurt the market with its over $40 billion investment, according to findings.
The market for OMOs had...
OMO Bills Worth N33bn To Mature This Week
OPEN Market Operation (OMO) bills worth N33bn are expected to mature this week.
The Treasury bills secondary market started the second quarter of 2019 on a bullish note largely buoyed by increased system liquidity from the Federation Account...
N464bn Treasury, OMO bills To Grow This Week
Treasury Bills and Open Market Operations bills worth N464bn will mature this week.
The Central Bank of Nigeria is expected to conduct a Primary Market Auction on Wednesday where a total of N115.1bn across the 91-day (N23.4bn), 182-day...
