Banks borrow N27.95trn from CBN in Q3 2024 amid liquidity constraints

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Banks borrow N27.95trn from CBN in Q3 2024 amid liquidity constraints

The Central Bank of Nigeria’s (CBN) latest economic report has revealed that Nigerian banks borrowed an unprecedented ?27.95 trillion through the Standing Lending Facility (SLF) in the third quarter of 2024, highlighting the intensifying liquidity pressures within the banking sector. This figure marks an…

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