CBN Loans N3tn To Nigerian Banks In One Week

According to a report by Afrinvest Research, Nigerian banks and discount houses borrowed a significant N3 trillion from the Central Bank of Nigeria (CBN) using the Standing Lending Facility (SLF) in just one week. However, these same financial institutions also deposited N493.6 billion with the CBN through the Standing Deposit Facility (SDF) during the same … Continue reading CBN Loans N3tn To Nigerian Banks In One Week