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Illiquidity: Banks borrow N3 4tn from CBN to meet financial demands

Illiquidity: Banks borrow N3 4tn from CBN to meet financial demands
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Olayemi cardosoSecurities exchangeCentral bankStanding lending facilityOpen repoStanding deposit facilityCash reserve requirementsAfrinvest limited

Banks borrow N266 8bn from CBN as system liquidity closed lower

DEPOSIT Money Bank (DMB) last week accessed The sum of N266. 8 billion from the Central Bank of Nigeria (CBN) to meet their.

Central bankDeposit money bankStanding lending facilityOpen repoStanding deposit facility

Naira trades flat to N464 67/$1 at official market

The exchange rate at the Investors and Exporters (I&E) window between the naira and the US dollar remained flat to close at N464.67/$1 on Monday, 5th June…

Nigerian autonomous foreign exchangeOpen repoNigerian autonomous foreign exchange fixing