Nigeria’s Overnight Lending Rate Closes at 21% on Monday
Dipo Olowookere By Dipo Olowookere The Overnight (OVN) lending rate in Nigeria depreciated by 2.50 percent on Monday to 21.00…
Overnight Lending Rate
T-Bills Yields Drop 0.16% as Overnight Rate Rises to 16.29%
By Dipo Olowookere The secondary market for treasury bills closed bullish on Wednesday on the continued absence of…
Overnight Lending Rate Jumps to 8.17% on System Outflows for Forex Interventions
By Dipo Olowookere The overnight lending rate significantly increased on Monday to 8.17 percent from 3.33 percent recorded…
Overnight Rate Jumps to 32.25% on Squeeze in System Liquidity
Modupe Gbadeyanka By Modupe Gbadeyanka The overnight rate on Tuesday increased to 32.25 percent from 25 percent in the previous…
Overnight Rate Spikes as CBN Drains Liquidity, T-Bills Market Trades Flat
By Dipo Olowookere The overnight interbank lending rate rose sharply on Friday as a result of the outflows…
Overnight Rate Jumps as T-Bills Market Trades Flat
By Dipo Olowookere Nigeria’s overnight interbank lending rate increased on Friday to 9.58 percent from 8.25 percent on…
T-Bills Yields Drop to 13.81% as Overnight Rate Falls to 1.88%
By Dipo Olowookere The treasury bills yields declined on Thursday after the market traded sparsely, Business Post is…
CBN Sells N44.43b Bills as Overnight Rate Falls to 29.17%
By Modupe Gbadeyanka The treasury bills market on Wednesday closed on a bearish note with average yields depreciating…
Overnight Lending Rate Falls after CBN Intervention
By Modupe Gbadeyanka The overnight lending rate in Nigeria recorded a drop of about 4 percent on Friday…
Nigeria’s Overnight Lending Rate Rises on Cash Withdrawal
By Modupe Gbadeyanka According to Reuters, Nigeria’s overnight lending rate more than doubled to 25 percent on Friday…