Cheaper funds for firms as interbank rate falls sharply
Nigeria’s interbank rate has declined by over 1,000 basis points in less than a month following increased naira liquidity in...
- Wednesday, May 08, 2024
BusinessDay
Nigeria’s interbank rate has declined by over 1,000 basis points in less than a month following increased naira liquidity in...
Nigerian banks recorded a slight increase of 0.24 percentage points in maximum lending rate in July 2022, two months after...
Liquidity in the banking and financial system is expected to boost up, leading to improvement or decline in lending rates...
Nigerian overnight interbank rate spiked to a record high of 100 percent on Tuesday, up from 60 percent on Monday,...
The interbank lending rates climbed 6.5 percentage points on Friday to 15.75 percent on average from 9.25 percent last week, after...
