Nigerian interbank rates ease on increasing liquidity

April 2, 2015 1:52 PM

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LAGOS, April 2 (Reuters) - Nigeria's overnight lending rates fell to an average of 9.6 percent on Thursday from 12.5 percent last week, after the central bank retired some matured treasury bills, increasing liquidity in the money market.

Traders said a total of 148 billion naira ($744 million) in matured treasury bills was repaid by the bank.

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