By Modupe Gbadeyanka Nigeria’s interbank lending rate depreciated slightly yesterday just as the Central Bank of Nigeria (CBN) continued with its regular liquidity mop up to...
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 Modupe Gbadeyanka Interbank overnight lending rate in Nigeria dropped sharply on Friday to an average of 12 percent from around 60 percent a week ago,...
By Modupe Gbadeyanka Central Bank of Nigeria (CBN) has been advised by foreign investors to adopt interbank rate as the only official foreign exchange rate in...
Nigerian interbank lending rates rose sharply by around 100 percentage points on Thursday, as commercial lenders scrambled for cash to pay for bond purchases and cover...
By Modupe Gbadeyanka A special foreign exchange auction on Wednesday fell short of expectation, making Nigeria’s overnight interbank rate to crash badly. Business Post correspondent reports...
