Business Banks Borrow N1.2trn From CBN in One Day Amid Liquidity PressureBy meridianspyFebruary 8, 20250 Owing to liquidity challenge, Nigerian Deposit Money Banks (DMBs) have made the largest single withdrawal of N1.2 trillion from the Central Bank’s (CBN) Standing Lending Facility (SLF) to fund operations due to a liquidity
Business COVID-19: CBN Mandates Banks To Restructure Loan Terms, Slashes Special Interest Rate To 5%By Kennedy IgweMarch 16, 20200 The Central Bank of Nigeria CBN has directed Deposit Money Banks DMB in the country to consider temporary and time-limited…