Commercial Banks’ Borrowing from CBN Hits N19.8tn In 2023 – Reports
Commercial and merchant banks increasingly depended on liquidity from the Central Bank of Nigeria in 2023 as their borrowing from the apex bank grew by 32.07 per cent to N19.81tn in the year. From January to December 2023, the banks’ borrowings from the CBN outgrew the N15tn they borrowed in 2022, according to a CBN…
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