Feb 13, 2016/Reuters Nigeria’s overnight interbank lending rate eased to an average of 0.75 percent on Friday from around 3 percent midweek after the central bank let cash flow into the market from matured treasury bills, traders said. The central bank injected around 234 billion naira ($1.2 billion) in matured […]
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Nigeria interbank rates ease on matured debt cash supply
Nigerian interbank lending rates eased to an average of 10.3 percent on Friday, compared with 10.5 percent the previous week, pressured by a surge in cash supply from matured debt notes. The central bank repaid about 419 billion naira ($2.62 billion) in special open market operation (OMO) debt notes on […]
