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FAAC logjam triggers uncertainty as N409bn inflow boost liquidity

FAAC logjam triggers uncertainty as N409bn inflow boost liquidity

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THE delay in the release of statutory allocation funds due to the inconclusive meeting of the Federation Accounts Allocation Committee, FAAC, last week has triggered uncertainty over direction of cost of funds in the interbank money market this week. This is in spite of liquidity boost of N409 billion expected from maturing treasury bills this week.

The post FAAC logjam triggers uncertainty as N409bn inflow boost liquidity appeared first on Vanguard News.

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