Lending Rate Rises to 4.67% on Sustained Robust Liquidity
Dipo Olowookere By Dipo Olowookere The average money market rates increased by 1.84 percent on Monday to settle at 4.34…
Interbank Lending Rate
Interbank Lending Rate Drops to 3.58%
Modupe Gbadeyanka By Modupe Gbadeyanka The nation’s overnight lending rate moderated to 3.58 percent on Monday from 4.83 percent recorded…
N277b Maturing Treasury Bills to Moderate Cost of Funds
By Modupe Gbadeyanka Treasury bills worth N277.07 billion maturing this week via the secondary market are expected to…
Interbank Rate Jumps to 12.17% Despite Absence of OMO Auction
By Modupe Gbadeyanka Nigeria’s overnight interbank lending rate rose sharply on Friday despite the Central Bank of Nigeria…
Lending Rate Drops on Bullish T-Bills Market
By Dipo Olowookere The money market rates slightly declined on Thursday as inflows of N193 billion Open Market…
Interbank Rate Drops as CBN Drains Liquidity with N96b OMO Sales
By Dipo Olowookere Nigeria’s interbank lending rate declined at the first trading day of the week on Wednesday…
Interbank Rate Jumps after CBN N130b Liquidity mop-up
By Dipo Olowookere Overnight interbank lending rate in Nigeria increased sharply on Tuesday after the Central Bank of…
Nigerian Interbank Lending Rate Drops to 5%
By Dipo Olowookere The interbank lending rate in Nigeria slumped sharply to 5 percent on Friday from 15…
CBN Sells T-Bills, Forex as Interbank Rate Rises to 20%
By Dipo Olowookere In an effort to reduce excess liquidity following the release of second tranche of N243…
Nigeria Interbank Rate Jumps to 29.5% from 19%
By Dipo Olowookere There was a huge surge in Nigeria’s overnight interbank lending rate on Friday compared with…