Business

Nigerian banks’ deposits with CBN hit record levels in one week  

TribeNews
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Nigerian banks’ deposits with CBN hit record levels in one week  

Banks’ deposit placements with the Central Bank of Nigeria (CBN) rose steadily last week from N2.28 trillion on Wednesday to N2.55 trillion on Thursday before hitting N2.62 trillion at the close of business on Friday, October 24. Lenders deposit excess cash at CBN’s Standing Deposit Facility (SDF…

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