Overnight Rate Falls to 13.58% Amid Inflows from Retail FX Refunds
Modupe Gbadeyanka By Modupe Gbadeyanka The money market closed mixed yesterday as investors continue to tread cautiously, watching keenly on…
overnight rate
CBN Sells N27.7b OMO Bills as Overnight Rate Hits 41.67%
By Modupe Gbadeyanka The treasury bills market was flat yesterday as a result of tight liquidity in the…
CBN Sells N66b OMO Bills as Overnight Rate Jerks to 27.67%
By Modupe Gbadeyanka The Central Bank of Nigeria (CBN) continued with its sale of treasury bills through the…
T-Bills Market Slightly Bullish as CBN Sells N18.7b Bills
By Modupe Gbadeyanka The treasury bills market was slightly bullish on Tuesday as investors gear up for the…
Overnight Rate Rises to 19.75% as CBN Sells N65.73b OMO Bills
By Modupe Gbadeyanka The overnight rate on Monday increased to 19.75 percent from 7.75 percent last Friday as…
CBN Auctions N35.69b Bills as Overnight Rate Drops to 22.33%
Dipo Olowookere By Dipo Olowookere The Central Bank of Nigeria (CBN) on Wednesday continued with its Open Market Operations (OMO)…
CBN Sells N25.5b Bills as Overnight Drops to 38.92% amid Tight Liquidity
By Dipo Olowookere On Monday, the Central Bank of Nigeria (CBN) auctioned treasury bills to investors through the…
CBN Sells N11.72b Bills as Overnight Rate Jumps to 39.42%
By Dipo Olowookere It was bearish treasury bills market on Friday with some sell on the short end…
CBN Sells N113.7b Bills via OMO as Overnight Rate Drops to 7%
By Dipo Olowookere Nigeria’s overnight rate further declined on Thursday, closing at 7 percent from 10.17 percent on…
Overnight Rate Drops to 10.17% as CBN Sells N100.84b T-Bills
By Modupe Gbadeyanka At the close of business on Wednesday, November 1, 2017, the overnight rate depreciated to…