logo

How will CBN’s special bills impact rates in near-term?

The Central Bank of Nigeria introduced its 90-day tenor, zero-coupon special bills this week as an additional liquidity management tool. But what impact will this have on interest rates in the near term? Egie Akpata, Director at UCML Capital spoke to CNBC Africa’s Kenneth Igbomor how these moves by the apex would shape the direction of interest rates in the near term.


Thu Dec 03 2020 | 14:06:07 GMT+0000 (Coordinated Universal Time)

Share

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.

RELATED