rate

Aggressive mop-up pushes overnight interbank rate to 30%

THERE are indications that the double primary auction mop up of system liquidity last week pushed the Open Repo Rate…

11 months ago

AGHAN set to roll out new handling rate

IN view of the high inflation, weak exchange force and other economic challenges thrown at the various sectors of Nigeria's…

1 year ago

Bearish activities expected in money market over limited maturing Treasury, OMO bills

UNLIKE last week, there are expectations that activity level in the money market this week will be bearish amid limited…

2 years ago

Inflation rate hits 24.08% in July as FX scarcity bites hard

Inflation rate in Nigeria surged to 24.08 percent in July 2023, showing a 129 basis-point increase when compared to 22.79…

2 years ago

Nigeria’s high maternal mortality rate

THE Country Representative of the United Nations (UN) Population Fund in Nigeria (UNFPA Nigeria), Ulla Mueller, recently bemoaned Nigeria’s high…

2 years ago

Government efforts at poverty, unemployment rate reduction, real —Labour Ministry Perm Sec

The Permanent Secretary, Federal Ministry of Labour and Employment, Ms Kachollom Daju, has said that the efforts made by the…

3 years ago

Rising interest rate, fund managers’ exposure to FG’s securities boost pension assets

THERE are indications that the continued rising exposure of fund managers to securities of the Federal Government in the face…

3 years ago

MPC retains interest rate at 14%

MONETARY Policy Committee (MPC) on Tuesday retained benchmark interest rate at 14 percent. At its second meeting in 2018, which…

7 years ago

Rates to moderate on N317.32bn inflow

EXPECTATIONS of rate moderations are high in the money market as N317.32 billion maturities are expected to hit the system…

7 years ago

The hajj dollar subsidy

THE recent circular released by the Central Bank of Nigeria directing that foreign exchange (forex) be made available to pilgrims…

9 years ago

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