The prevailing short-term standard interest rates within the financial sector exhibited a divergent pattern, coinciding with the increase in the banking system’s deficit, which reached N1.7 trillion. This escalation adversely impacted the aggregate bids submitted during the Central Bank of Nigeria’s (CBN) scheduled sale. The levels of interest rates within the monetary market remained elevated, … Continue reading Swinging Interest Rates Show In Money Market Amidst N1.7 Trillion Loss