JUST IN: Nigerian Banks Borrow N9 Trillion From CBN as Liquidity Scarcity Hits

To finance their operations, Nigerian Deposit Money banks had access to over N9 trillion from the CBNThe financial sector had liquidity restrictions as a result of high outflows and low inflows in the systemThe liquidity balance decreased as a result of many market withdrawals in early…

Nigerian Banks Borrow N9 Trillion From CBN as Liquidity Scarcity Hits …C0NTINUE READING HERE >>>>

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