Interbank overnight rate rose to 11.25 percent on Friday, higher than 6.92 percent as of January 25, 2017, after the Central Bank of Nigeria (CBN) mopped up N400 billion in the system using Open Market Operation (OMO).
The Open Buy-Back increased from 6.50 percent as of January 25, to 10.50 percent
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HOPE MOSES-ASHIKE
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
