interbank rate

Interbank Rate Declines as CBN Mops Up N195b via OMO Sales

January 19, 2018

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

Economy

Interbank Rate Drops as CBN Drains Liquidity with N96b OMO Sales

December 28, 2017

Dipo Olowookere

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

Economy

Nigeria’s Interbank Rate Drops to 12%

August 20, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Interbank overnight lending rate in Nigeria dropped sharply on Friday to an average of 12 percent from around 60 percent a

Economy

Foreign Investors Demand Interbank Rate from CBN

July 4, 2017

Modupe Gbadeyanka

By Modupe Gbadeyanka Central Bank of Nigeria (CBN) has been advised by foreign investors to adopt interbank rate as the only official foreign exchange

Economy

Nigerian Interbank Lending Rate Rises on Cash Shortage

April 16, 2017

Modupe Gbadeyanka

Nigerian interbank lending rates rose sharply by around 100 percentage points on Thursday, as commercial lenders scrambled for cash to pay for bond purchases

Economy

Nigeria’s Overnight Interbank Rate Falls To 20%

October 19, 2016

Dipo Olowookere

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

Suggestions

Interbank Rate Declines as CBN Mops Up N195b via OMO Sales

Interbank Rate Drops as CBN Drains Liquidity with N96b OMO Sales

Nigeria’s Interbank Rate Drops to 12%

Foreign Investors Demand Interbank Rate from CBN

Nigerian Interbank Lending Rate Rises on Cash Shortage

Nigeria’s Overnight Interbank Rate Falls To 20%

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