Banking liquidity soars to over N1tn – Report

Liquidity in the banking sector surged by 62.4 per cent week-on-week to N1.2tn, driven by inflows from the Standing Lending Facility, which amounted to N2.8tn, and T-bills maturities totalling N402.2bn, according to Afrinvest. Afrinvest in its weekly report noted that those inflows outpaced outflows via the Standing Deposit Facility, which recorded N566bn. System liquidity refers Read More

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