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Combined N783.78bn OMO, Treasury Bills maturities to boost liquidity conditions

The Nigerian financial system is experiencing liquidity pressures following significant settlements. However, upcoming maturities of N783.78 billion are expected to enhance liquidity conditions.

NigerianNewsFeed NewsDesk
By NigerianNewsFeed NewsDesk Admin
@nigerianewsfeed · · 1 min read
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Combined N783.78bn OMO, Treasury Bills maturities to boost liquidity conditions
Photo: tribuneonlineng

Funding conditions in the Nigerian financial system came under pressure last week after the settlement of N1.20 trillion in Nigerian Treasury Bills (NTBs) and N2.19 trillion in Open Market Operations (OMO) auctions drained significant liquidity from the banking system. System liquidity fell 20.68 per cent to N2.99 trillion from N3.78 trillion the previous week. Despite […]

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