Access, Zenith, UBA, Others Rush to Borrow N3 Trillion From CBN After Important Adjustment to Rate

Access, Zenith, UBA, Others Rush to Borrow N3 Trillion From CBN After Important Adjustment to Rate …C0NTINUE READING HERE >>>

In less than a week, Nigerian banks and discount stores borrowed N3 trillion through the Standing Lending Facility from the CBNThe discount houses and lenders deposited N493.6 billion through the Standing Deposit FacilityThis is as the Central Bank recently lifted the suspension on the Standing Lending Facility for Authorized Dealers

Henzodaily.ng journalist Zainab Iwayemi has over 3-year-experience covering the Economy, Technology, and Capital Market.

An Afrinvest Research report has…

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