Nigeria interbank rates stay flat for second consecutive week

LAGOS (Reuters) - Nigeria's interbank lending rates stayed flat for the second consecutive week at 10.37 percent on Friday, after the central bank paid off open market bills to boost liquidity, dealers said. The central bank repaid about 130 billion naira ($790.27 million) in matured OMO bills and injected around 70 billion naira in net credit from cash reserves. The market liquidity opened with ...
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Added October 11, 2014
from Yahoo Nigerian News