Tag: Rates
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CBN Hikes Interest Rates on Treasury Bills, Rejects Bids
CBN Hikes Interest Rates on Treasury Bills, Rejects BidsThe Central Bank of Nigeria (CBN) increased discount rates on Nigerian Treasury bills sold to investors...
Money Market Rates Decline as Liquidity Surplus Hits N1.53trn
Money Market Rates Decline as Liquidity Surplus Hits N1.53trnMoney market rates dipped further as liquidity balance in the financial system soared above N1.5 trillion....
Rates Fall Below 28% over Surplus Liqudity in Banking System
Rates Fall Below 28% over Surplus Liqudity in Banking SystemThe money market rates plunged below 28% apiece due to excess liquidity in the financial...
Interbank Rates Diverge as Bonds Inflows Reduce Banking Deficit
Interbank Rates Diverge as Bonds Inflows Reduce Banking DeficitThe interbank rates or the short-term benchmark interest rates diverge as N600 billion inflows from Federal...
Rates Soar as Banks Borrow N1.8trn from CBN to Fund Operations
Rates Soar as Banks Borrow N1.8trn from CBN to Fund OperationsThe interbank rates soared in the money market as local deposit money banks, DMBs,...
