Banks’ Borrowing From CBN Drops By 76% – Report

The borrowing by various banks from the Central Bank of Nigeria (CBN) through the Standing Lending Facility (SLF) experienced a significant decline of 76.4 per cent month-on-month, decreasing to ₦4.04 trillion in August from ₦17.12 trillion in July. According to the CBN Financial Data, there was a notable increase in banks’ deposits within the CBN [...]The post Banks’ Borrowing From CBN Drops By 76% – Report appeared first on Naija News.

Read More