CBN tightens liquidity, as interbank lending rate multiplies

CBN tightens liquidity, as interbank lending rate multiplies

Stanley Opara with agency report The country’s interbank lending rate jumped to 23 per cent on Friday from just five per cent a week ago after the Central Bank of Nigeria tightened liquidity. The more than quadrupling of the rate came after the bank sold a total of N167.6bn ($459.56m) in Treasury bills on Friday […]
Source: CBN tightens liquidity, as interbank lending rate multiplies

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