NIGERIA | Weekly Wrap-up | 05-Nov-2017 | Elixir Research

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05 Nov NIGERIA | Weekly Wrap-up | 05-Nov-2017 | Elixir Research

FGN Debt market bounces off bearish mode; tightening continues 

The banking system balance stood at ₦183.75 billion, down from ₦260.85 billion last Friday. The SLF dropped to ₦108.89 billion from ₦146.20 billion last Friday. Amidst this, money market overnight and OBB rates rose by 20.67 and 20.50 percent points to 39.42% and 36.33% respectively for the week. ₦100.84 billion OMO matured on Thursday. 

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