By Dipo Olowookere The Overnight (OVN) lending rate in Nigeria depreciated by 2.50 percent on Monday to 21.00 percent from the 23.50 percent it ended last...
By Dipo Olowookere The secondary market for treasury bills closed bullish on Wednesday on the continued absence of an OMO sale by the Central Bank of...
By Dipo Olowookere The overnight lending rate significantly increased on Monday to 8.17 percent from 3.33 percent recorded in the last session. This came on the...
By Modupe Gbadeyanka The overnight rate on Tuesday increased to 32.25 percent from 25 percent in the previous session, while the Open Buy Back (OBB) rate...
By Dipo Olowookere The overnight interbank lending rate rose sharply on Friday as a result of the outflows of about N126 billion from the sale of...
By Dipo Olowookere Nigeria’s overnight interbank lending rate increased on Friday to 9.58 percent from 8.25 percent on Thursday. This was as a result of the...
By Dipo Olowookere The treasury bills yields declined on Thursday after the market traded sparsely, Business Post is reporting. It was observed that investors embarked on...
By Modupe Gbadeyanka The treasury bills market on Wednesday closed on a bearish note with average yields depreciating by 12 basis points to finish at 17.72...
By Modupe Gbadeyanka The overnight lending rate in Nigeria recorded a drop of about 4 percent on Friday despite the cash injection by the Central Bank...
By Modupe Gbadeyanka According to Reuters, Nigeria’s overnight lending rate more than doubled to 25 percent on Friday from 10.17 percent on Thursday after the central...