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 largely
Analysts expect higher rates in money market instruments this week
Analysts at Afrinvest (West Africa) Ltd., a research and independent investment banking firm, are expecting money market rates to
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