Tag: Interbank
Nigeria Inter-bank rate jumps after CBN’s liquidity mop-up
Nigeria's overnight interbank lending rate rose sharply to 29.5 percent on Friday, up from 19 percent last week, after the…
CBN to sell $150m at Interbank Market
Nigeria's central bank said on Tuesday it will sell $150 million in currency forwards on the interbank market through commercial…
Nigerian interbank lending rate down as liquidity rises
Nigeria’s interbank lending rates fell 75 basis points to an average of 6.50 per cent on Friday from 8.25 per…