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Why banks’ borrowings from CBN keep increasing – Report

CBN findings have revealed that banks’ borrowings from the apex bank, which had decreased month over month in February of this year by 14%, abruptly skyrocketed by 775 percent to N3.97 trillion in March before falling by 45.8 percent to N2.15 trillion in April. According to Vanguard, the information also revealed that bank deposits under […]