Bank Lending From CBN Rises 260% To N21.87tn

According to financial statistics released by the Central Bank of Nigeria (CBN), Deposit Money Banks borrowed N21.87 trillion from the Apex Bank in 2020 through the Standing Lending Facility window and Repurchase Lending platform. When compared to the N5.744tn recorded via the same windows in 2022, this is a 260 percent increase. However, as compared … Continue reading Bank Lending From CBN Rises 260% To N21.87tn