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Tag: Banks Borrow

Banks Borrow N420b to Ease Liquidity Pressure

...Naira settled-OTC futures begins today ...Market awaits N305b budget disbursement this week The nation’s Deposit money banks at the weekend, raised their cumulative borrowings from the Standing Lending Facility of the Central Bank of Nigeria (CBN) to the tune N420 billion at 14 per cent. The development...