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Banks Borrow N52tr From CBN As Liquidity Pressure Intensifies

Banks Borrow N52tr From CBN As Liquidity Pressure Intensifies   BANKS’ borrowing from the Central Bank of Nigeria (CBN) shot up by 80 percent to N52 trillion in 2017, from N29 trillion in 2016, due to pressure to survive the impact of high interest rate regime...

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...