Nigerian Interbank rate rises on cash outflow

Nigerian Interbank rate rises on cash outflow
23 January 2017, Lagos — The Nigerian Interbank Offered Rates (NIBOR) closed at an average of 11.5 percent on Friday, up from the seven per cent it was the preceding Friday as payments for bond and treasury bill purchases drained liquidity from the money market. The Debt Management Office last week raised N214.95 billion from […] More »
Nigerian Interbank rate rises on cash outflow Nigerian Interbank rate rises on cash outflow Reviewed by Crude Oil Facilitators on 10:06 Rating: 5

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