Nigerian banks Borrow N1.3trn in 72 Hours
A new report by TrustBanc Capital, has it that Nigerian deposit money banks borrowed about N1.3 trillion from the Central Bank of Nigeria’s (CBN) standing lending facility in three days to shore up the short-term liquidity requirements. The sustained borrowing pushed the short-term benchmark rate upward in the absence of significant inflows, keeping the […]
Nigerian banks Borrow N1.3trn in 72 Hours Read More »