Deposit Money Banks (DBMs) and commercial banks’ loans from the Central Bank of Nigeria (CBN) surged to N7.5 trillion in the first five months of 2023, up 276 percent from the N1.99 trillion reported in the first five months of 2022 due to a shortage of liquidity in the banking industry. According to data from … Continue reading Banks’ Loan From CBN Soars To N7.5tn