Bank Deposits Cut Down By N210bn In Q1 – CBN

As Nigerians withdraw large sums from deposit money banks, the total amount of demand deposits fell by N210 billion between January and March 2023. According to data from the Central Bank of Nigeria (CBN), demand deposits fell from N20.12 trillion in January 2023 to N19.91 trillion in March. “A demand deposit is money put into … Continue reading Bank Deposits Cut Down By N210bn In Q1 – CBN