According to the Central Bank of Nigeria’s financial data, Deposit Money Banks borrowed the sum of N5.744 trillion from the CBN via the Standing Lending Facility window and Repurchase Lending platform in 2022. This Read More
Tags :bank borrowings
Data from the Central Bank of Nigeria Financial Statistics for September 2022 has shown that deposit banks’ borrowing from the apex bank rose year-on-year (YoY) by 12 per cent to N2.02 trillion in September 2022, under the Read More
According to data from the Central Bank of Nigeria, the Federal and state governments’ borrowings from commercial banks increased Month-on-Month by 11 percent. This is an increase to N20.1 trillion in July 2022, from N18.04 trillion in Read More
Through Ways and Means Advances, the Federal Government’s total borrowing from the Central Bank of Nigeria has risen from N17.46 trillion in December 2021 to N19.91 trillion in June 2022. According to data from the CBN, Read More
The Central Bank of Nigeria has said that commercial banks borrowed N595.34 billion between January and February 2022. The data, according to the apex bank’s monthly economic report showed that while N333.59bn was borrowed Read More
Banks’ borrowing from the Central Bank of Nigeria has persisted in its upward trend in May, rising by 63 percent, Month-on-Month, MoM, to N1.8 trillion. The CBN lends money to banks through the Standing Read More
Data collated from the Central Bank of Nigeria have shown that the Federal Government’s total borrowing through Ways and Means Advances of the bank has risen by 96.54 percent or 8.92tn in two years. According Read More
Banks’ borrowing from the Central Bank of Nigeria has fallen for the second consecutive month in February, by 47 percent to N666 billion while banks increased the deposit by 80 percent to N489.05 billion in February. This Read More
Bank borrowings from the Central Bank of Nigeria’s Standing Lending Facility has risen year-on-year by 737 percent to N2.3 trillion in April 2021 from N274.65 billion in April 2020. Also, CBN earnings from the SLF during Read More
