Banks Loan N5.4Trn From CBN To Augment Liqudity

In the most recent week, local deposit money banks (DMBs) accelerated their borrowing at the Central Bank of Nigeria’s (CBN) standing lending facility (SLF) at a comparatively high rate due to ongoing liquidity strain, according to an investment business. Due to mounting pressure from the financial system’s tight liquidity conditions, which were further reinforced by … Continue reading Banks Loan N5.4Trn From CBN To Augment Liqudity