Browsing: NIBOR
The Nigerian Interbank Offered Rate (NIBOR), the benchmark interest rate for short-term, unsecured lending, rose as the Central Bank of Nigeria (CBN) monetary auctions triggered liquidity fluctuation in the money market last week.
Rates Tighten, Banks’ Placements at Deposit Facility Rise The short-term benchmark interest rates tightened as sufficient liquidity in the financial…
Interbank rates diverge on signs of improved liquidity in the financial system on Tuesday. Due to inflows from signature
Interbank Rates Shrink as Additional Inflow Boosts Liquidity The short-term benchmark interest rates declined further on the back of sufficient…
Interbank Rates Rise as Banks Borrow to Close Funding Gap The short-term interest rates climbed further in the money market…