Banks’ deposits with CBN hit N3.42tn — Report

Banks’ deposits with CBN hit N3.42tn — Report

The deposits of banks with the Central Bank of Nigeria hit a weekly high of N3.42tn at the end of last week. This followed the announcement of the operationalisation of the Standing Deposit Facility asymmetric corridor to +500/-100bps from +100/-300bps around the monetary policy rate by the Central Bank of Nigeria within the week. The

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