Nigeria's overnight interbank rate jumped to 60 percent on Monday, up 440 basis point from Friday's close after the Central Bank of Nigeria (CBN) tightened naira liquidity to support the ailing currency, dealers said.
The CBN soaked up liquidity through a N30 billion open market operation on Mond
```
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.
```
BusinessDay
Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more
