Central Bank of Nigeria (CBN) announces increase in Standing Lending Facility (SLF) rate to 31.75%, SDF to 25.75%

In another move to manage liquidity in Nigeria’s financial system, the Central Bank of Nigeria (CBN) has announced an increase in the rates for its Standing Deposit Facility (SDF). This adjustment is part of the CBN’s broader strategy to curb excess liquidity and promote more active lending among banks, amid ongoing efforts to address inflationary [...]The post Central Bank of Nigeria (CBN) announces increase in Standing Lending Facility (SLF) rate to 31.75%, SDF to 25.75% appeared first on Tekedia.

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