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Banks’ Deposits With CBN Now N3.42trn – Report

Banks’ Deposits With CBN Now N3.42trn - Report The deposits of banks with the Central Bank of Nigeria ( CBN) hit a weekly high of N3.42tn at the end of last week. This followed the announcement of the operationalisation of the Standing Deposit Facility asymmetric corridor...

Banks’ Deposit With CBN Dropped By 68%

Banks’ Deposit With CBN Dropped By 68%   Banks’ deposit with the Central Bank of Nigeria through the Standing Deposit Facility dropped by 68 per cent in the first nine months of the year as a result of pressure to meet the 60 per cent Loan-to-Deposit...