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Investments In FG’s Treasury Bills Weaken, Sales Fall 19% To N1.35trn

Investments In FG’s Treasury Bills Weaken, Sales Fall 19% To N1.35trn       Investors’ interest in the Federal Government’s monetary instrument, the Nigeria Treasury Bill (NTB) has recorded a significant decline with 19 per cent, year-on-year, YoY, decline in sales to N1.35 trillion in the first five...

COVID-19: CBN’s OMO Auctions Drop By 71% To N4.38trn

COVID-19: CBN’s OMO Auctions Drop By 71% To N4.38trn       As the country’s financial markets continued to dance to the tune of monetary policy actions amid the impacts of Covid-19 on the economy, the Central Bank of Nigeria (CBN) auctioned only N4.38 trillion worth of Open...

Interbank Rates To Ease Further On N822.08bn Boost In Financial System Liquidity

Interbank Rates To Ease Further On N822.08bn Boost In Financial System Liquidity         There are indications that interbank rates will ease further this week amid anticipated boost in financial system liquidity, as treasury bills worth N822.08billion will mature via Open Market Operation (OMO). “We expect the market...