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Nigeria overnight rate hits 90 pct, nears record high

Nigeria overnight rate hits 90 pct, nears record high LAGOS, April 14 (Reuters) - Nigeria overnight rate spiked to 90 percent on Tuesday, near record highs, up from 60 percent on Monday, dealers said, two days after the central bank debited lenders to enforce its cash reserve requirements.
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Added April 14, 2015
from Reuters Nigeria