OBB

Rates may trend higher as market expects OMO mop-up this week

IN THE ABSENCE OF CBN’s frequent open market operation (OMO) mop-ups last week, which saw activities in the money market…

By businessamlive
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Nigerian banks’ overnight rates moderate as N93.74bn maturing OMO bills hit the system

Nigerian interbank overnight rate, which rose to148 percent Monday as banks scramble to muster naira liquidity to cover their positions…

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