Banks’ Deposits With CBN Reach N3.42 Trillion.

The deposits of banks with the Central Bank of Nigeria reached a weekly peak of N3.42 trillion at the close of the previous week. The Central Bank of Nigeria’s (CBN) announcement of the operationalization of the Standing Deposit Facility asymmetric corridor to +500/-100bps from +100/-300bps around the monetary policy rate within the week resulted in … Continue reading Banks’ Deposits With CBN Reach N3.42 Trillion.