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, 03 Dec 2020 14:06:07 GMT