Nigeria's overnight interbank lending rate rose week-on-week to an average of 5.5 percent on Friday, up from 3.5 percent last week, as naira cash dries up in the banking system after payment for dollar and treasury bills purchases. Nigeria issued 160 billion naira ($808.08 million) worth of 213-day
```
Members Only

Login or create an account to continue

This article is available to registered BusinessDay readers. Please login if you already have an account, or create a new account to continue reading.

New to BusinessDay? Register now and start reading.

```

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp