Economic Stability: CEGMR Applauds CBN Governor for Taming Inflation, Boosting Reserves
The Centre for Economic Growth and Monetary Reforms, CEGMR, has hailed the Governor of the Central Bank of Nigeria, Olayemi, for his disciplined monetary policy stance, which has resulted in…
Banks’ Borrowings from CBN Plummet by 97.6% as Liquidity Improves
Banks’ borrowings from the Central Bank of Nigeria (CBN) through the Standing Lending Facility (SLF) plummeted by 97.6% month-on-month (MoM) to ₦380 billion in April, down from ₦16.5 trillion in…
IN FOUR MONTHS, BANKS BORROW N2.08TN FROM CBN
Increased liquidity in the banking sector has continued to raise the lending institutions’ capacity to increase credit to the economy, NIKE POPOOLA reports The Deposit Money Banks and merchant banks…
GUIDELINES ON DEBT RECOVERY: BANKS TO IMPLEMENT NEW CBN GUIDELINES
Deposit Money Banks on August 1 commenced the implementation of the Central Bank of Nigeria’s Global Standing Instruction which allows them to recover outstanding debts of debtors from other banks.…









