Interbank rate

Interbank rate flat as market awaits monthly budget cash flow

Nigeria’s overnight interbank lending rate held steady for the second consecutive week at 14 percent on Friday even as the market anticipated the injection of October budgetary allocations to government…

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Interbank Rate eases as budget cash disbursed

Nigeria’s interbank lending rate eased to around 15 percent on Friday, down from nearly 40 percent for overnight lending a week ago, as the disbursal of August budget allocations to…

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