Banks Secure N9.2 Trillion From CBN To Maintain Liquidity

Nigerian deposit money banks accessed over N9 trillion from the Central Bank of Nigeria (CBN) last week as liquidity pressures intensified, driven by a surge in outflows and limited inflows into the financial system. The liquidity strain began in March following a significant Open Market Operation (OMO) auction and Treasury bill debits, which depleted banking … Continue reading Banks Secure N9.2 Trillion From CBN To Maintain Liquidity