Jan 8 (Lagos) - The CBN raised N 260 billion at an OMO auction:
N 20 billion and N 240 billion from the sale of 111-day paper and
N 240 billion in 251-day paper at stop rates of 12.65% and 14.45% respectively.
Opening market liquidity on Friday was estimated at N 295 billion. Inter-bank rates traded within a range of 16% to 21%.
reporting for easykobo.com on Monday, Jan 8 2018 from Lagos, Nigeria
If you would like to post comments! Please log in.