Nigeria overnight rate triples as lenders see lower naira liquidity
LAGOS, June 21 (Reuters) - Nigeria's interbank overnight
rate soared to 60 percent on Tuesday from 18 percent, as
commercial lenders expected the central bank to debit them
around 1.2 trillion naira to cover hard-currency purchases,
traders said.
Read the rest of the story on Reuters Nigeria
Added June 21, 2016
from Reuters Nigeria