Banks To Earn 25.75% On Deposits With CBN

Leadership | 27-08-2024 01:10am |

The Central Bank of Nigeria (CBN) has lifted the suspension of the standing lending facility for banks in the country and fixed interest on their deposits between 19 and 25.75 percent. The decision followed the adjustment of the apex bank’s asymmetric corridor at the last Monetary Policy Committee (MPC) meeting. At its last [...]

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