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Tag: CBN Directs Settlement Banks to Provide N15Bn Collateral

CBN Directs Settlement Banks to Provide N15Bn Collateral

CBN Directs Settlement Banks to Provide N15Bn Collateral Central Bank of Nigeria (CBN) has directed settlement banks to provide clearing collateral of not less than N15 billion worth of treasury bills for them to perform settlement roles in the industry. The directive was contained in the...