Deposit Money Banks (DMB) and merchant banks have borrowed the sum of N9.17tn from the Central Bank of Nigeria (CBN) through its Standing Lending Facility (SLF) window within a period of seven months. Banks often access the CBN’s SLF window to borrow funds in order address their short-term liquidity needs. Money lenders also gain access … Continue reading Cash Banks Borrow N9.17tn From CBN In Seven Months