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Nigerian interbank rates fall on matured T-bills

August 24, 2012 Comments Off on Nigerian interbank rates fall on matured T-bills

August 24, 2012, 5:20 pm

LAGOS (Reuters) – Nigeria’s interbank lending rates eased by 200 basis points on Friday to an average of 11 percent, from 14 percent last week after repayment of large funds in matured treasury bills helped boost the amount of nairas in the system.
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