In the midst of a growing liquidity crisis, banks in Nigeria borrowed a huge N4.5tn from the Central Bank of Nigeria (CBN) in July, a 27 percent rise from the N3.6tn borrowed in June 2022. Banks get short-term funding from the apex bank through the Standing Lending Facility and repo lending. While the CBN loans … Continue reading Banks Loaning From CBN Increases By 27% To N4.5tn