Liquidity Surge Eases Funding Rates

The Nigerian money market experienced a turnaround last week as hefty liquidity inflows reshaped the funding landscape, reversing earlier tightness and driving a broad-based decline in short-term rates. System liquidity had opened the week in deficit, fuelling modest pressure on interbank rates. However midweek, inflows of about N653.79 billion, comprising N350 billion from Open Market

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