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CBN lends N662b to banks for liquidity control

Commercial and merchant banks accessed N662.44 billion loans from the Central Bank of Nigeria (CBN) to control their liquidity and maintain stability, the CBN’s Economic report for last November has shown. The report also showed that the loans, which came through the Standing Lending Facilities (SLF), were meant to allow the lenders raise up their…

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CBN lends N662b to banks for liquidity control

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