Banks Borrow N5.38trn From CBN In 1 Week

Leadership | 09-07-2024 10:04pm |

Deposit Money Banks’ borrowing from the Central Bank of Nigeria (CBN) in the first five days of July 2024 hit an all-time high of N5.38 trillion. This represents a 245 per cent increase from N1.56 trillion borrowed by banks in the first five days of June 2024. Year-on-year, it represents a 202 percent rise from [...]

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