By Dipo Olowookere The average money market rates increased by 1.84 percent on Monday to settle at 4.34 percent, Business Post reports. The rise in the...
By Modupe Gbadeyanka The nation’s overnight lending rate moderated to 3.58 percent on Monday from 4.83 percent recorded at the close of transactions last Friday. This...
By Modupe Gbadeyanka Treasury bills worth N277.07 billion maturing this week via the secondary market are expected to stabilise the interbank lending rate. Business Post reports...
By Modupe Gbadeyanka Nigeria’s overnight interbank lending rate rose sharply on Friday despite the Central Bank of Nigeria (CBN) not conducting an Open Market Operations (OMO)...
By Dipo Olowookere The money market rates slightly declined on Thursday as inflows of N193 billion Open Market Operations (OMO) maturities offset outflows for the OMO...
By Dipo Olowookere Nigeria’s interbank lending rate declined at the first trading day of the week on Wednesday after the central bank drained Naira liquidity from...
By Dipo Olowookere Overnight interbank lending rate in Nigeria increased sharply on Tuesday after the Central Bank of Nigeria (CBN) sold treasury bills through the Open...
By Dipo Olowookere The interbank lending rate in Nigeria slumped sharply to 5 percent on Friday from 15 percent last week, Reuters is reporting. This followed...
By Dipo Olowookere In an effort to reduce excess liquidity following the release of second tranche of N243 billion of the Paris Club Refund to the...
By Dipo Olowookere There was a huge surge in Nigeria’s overnight interbank lending rate on Friday compared with what was attained the previous week. This, according...
