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NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.

Interbank rate is expected to decline sharply in coming weeks following President Muhammadu Buhari’s assent of 2016 budget
The overnight rate rose marginally to an average of 3.5% on Friday from 3% last week following a decline in banking system liquidity
Traders say about 21.6 billion Naira in CRR was withdrawn from the banking system by the CBN on Thursday, pushing up the cost of borrowing among commercial lenders.
The liquidity level now stands at around 380.53 billion Naira, down from 454 billion Naira last week. (Channels TV)