CBN Lifts Ban On Standard Lending Rate, Pegs Interest Rate At 31.75%

...Banks To Earn 25.75% On Deposits With CBN LAGOS – The Central Bank of Nige­ria (CBN) on Monday lifted the suspension on lending to banks through its Stand­ing Lending Facility (SLF), adjusting the lending rate to 31.75 percent interest rate while the Standing Deposit Facility (SDF) was adjusted to 25.75 percent. CBN, in a circular [...]

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