Lending rate hits new low on CBN liquidity

Lending rate hits new low on CBN liquidity
04 October 2015, Abuja – The Nigerian overnight lending rate has halved to three per cent – a three-month low – after the Central Bank of Nigeria injected liquidity into the banking system by paying off Treasury bills, traders said. A total of N197bn ($989.9m) in matured Open Market Operation bills was retired on Friday while […] More »
Lending rate hits new low on CBN liquidity Lending rate hits new low on CBN liquidity Reviewed by Crude Oil Facilitators on 19:52 Rating: 5

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