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Banks Cut Borrowing From CBN By 46% To N1 3trn

(AFRICAN EXAMINER) – In apparent reflection of the improved liquidity in the interbank money market, banks’ borrowing from the Central Bank of Nigeria, CBN, fell by 46 per cent, month-on-month, MoM, to N1.3 trillion in January. On the other hand banks increased deposit of idle funds with the CBN by 29 per cent, MoM, to […]

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Risk aversion sentiment continues to simmer ahead of next week s Fed meeting

EU Mid-Market Update: Risk aversion sentiment continues to simmer ahead of next week's Fed meeting; PBoC cuts more policy rates. Notes/Observations -

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Illiquidity: Banks Borrowing from CBN Rises by 315% to N24 53trn in 11 Months

Illiquidity: Banks Borrowing from CBN Rises by 315% to N24 53trn in 11 Months
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Nigerian press spotlights confirmation of first cases of Omicron variant of Coronavirus, others

Nigerian press spotlights confirmation of first cases of Omicron variant of Coronavirus, others
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Liquidity CrunchTake Toll as DMBs, Merchants Banks Borrowing from CBN Hits N10 38trn in Eight Months

Liquidity CrunchTake Toll as DMBs, Merchants Banks Borrowing from CBN Hits N10 38trn in Eight Months
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