bizwatchnigeria.ng16h
Interbank Rates Surge Due To Cash Shortage In Banks
Due to this cash shortage, interest rates in the money market shot up. According to data from the Financial Market Dealers ...
Here’s how the Secured Overnight Financing Rate works and why it might matter for your mortgage
SOFR is a benchmark rate which certain variable rate financial products, for example certain mortgages, can be tied to.
bizwatchnigeria.ng4d
Interbank Rates Decline As FAAC Disbursements Boost Banking Liquidity
The Nigerian banking system experienced a significant reduction in liquidity pressures following the latest disbursements ...
AllAfrica.com13d
Nigeria: At 31.50 Percent, Interbank Call Rate Reaches Highest Peak Since 2017
The average interbank call rate in the Nigerian banking sector jumped to 31.50 per cent as of January 17, 2025, the highest peak since 2017, amid 27.50 per cent Monetary Policy Rate (MPR). Data ...