According to data from the Central Bank of Nigeria (CBN), the amount that deposit money banks (DMBs) borrowed from the SLF on Wednesday, April 12, 2023, increased from N78.95 billion on December 12, 2022, when President Muhammadu Buhari introduced new naira notes, to N240.57 billion. As the country’s demonetisation drive led to persistent cash shortages, … Continue reading Bank Borrowing From CBN Increases To N240.57 Billion In Four Months