Short-term interbank lending rates in Nigeria continued their upward trajectory, remaining above the 32% mark as a persistent liquidity shortfall gripped the banking sector, just days before the Central Bank of Nigeria (CBN) conducts its midweek Nigerian Treasury Bills (NTB) auction. Although the apex bank scaled back on liquidity mop-up operations, the financial system remains … Continue reading Interbank Lending Rates Remain High Amid Systemic Liquidity Shortfall