Browsing: Rate
Overnight Lending Rate Rises as Banks’ Lodgements Increase The overnight lending rate rose, but the repo rate was steadied in…
CBN Sells N3.32T OMO Bills to Investors in June, Rate Hits 26.64% The Central Bank of Nigeria (CBN) sold OMO…
OMO Bills Yield Falls as Banks, FPIs Boost Holdings The average yield on OMO bills fell by 9 basis points…
Naira Rallies, FX Inflow Falls by 50% as CBN Halts Support The naira appreciated against the US dollar by 0.50%…
MPC Keeps Benchmark Interest Rate at 27.50% The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) at…
Kenya Central Bank Cuts Lending Rate to 10.75% The Central Bank of Kenya (CBK) cut its benchmark lending rate by…
Nigeria’s Inflation Rate for Dec. Estimated to Reach 35.20% Nigeria’s inflation rate for December is expected to climb to 35.20%,…
The discount rate on Nigerian Treasury bills with a 364-day tenor was slashed by 28 basis points at the primary market auction conducted by the Central Bank of Nigeria (CBN) yesterday.
The average yield on Nigerian Treasury bills declined by five or 5 basis points (bps) in the secondary market to 25.2%, traders said in separate notes.
Liquidity: Banks Borrow N3.6Trn from CBN at Higher SLF Rate Deposit money banks (DMBs) raised N3.6 trillion to fund their…