Browsing: Rates
Money Market Rates Increase as FX Debits Hit Liquidity The short-term benchmark interest rates increased as outflows for foreign exchange…
Interbank Rates Rise as Financial System Liquidity Moderates Interbank rates rose as market-funded FX purchases and Nigerian Treasury bill auction…
CBN Hikes Interest Rates on Treasury Bills, Rejects Bids The Central Bank of Nigeria (CBN) increased discount rates on Nigerian…
Money Market Rates Decline as Liquidity Surplus Hits N1.53trn Money market rates dipped further as liquidity balance in the financial…
Rates Fall Below 28% over Surplus Liqudity in Banking System The money market rates plunged below 28% apiece due to…
Interbank Rates Diverge as Bonds Inflows Reduce Banking Deficit The interbank rates or the short-term benchmark interest rates diverge as…
Rates Soar as Banks Borrow N1.8trn from CBN to Fund Operations The interbank rates soared in the money market as…
Money Market Rates Jump as CRR Debit Squeezes System Liquidity Money market rates surge further as outflows for pending cash…
CBN Returns N1.2trn from OMO, TBills Bids, Cuts Rates Nigeria’s attractive short-term investment options continue to attract local and foreign…
Parallel Market Premium Disappears as Naira Exchange Rates Converge The naira declined across Nigeria’s foreign exchange markets as the Central…