The Central Bank of Nigeria Monetary Policy Committee has said in a statement that deposits by Nigerian banks rose by N6.92 trillion. This is from N36.13 trillion as of the end of October 2021 to N43.05 Read More
Tags :bank deposit
The total deposits in the banks rose by 24.17 percent from N33.85 trillion as of the end of June 2021 to N42.03 trillion in the corresponding period of 2022. This was disclosed by the Deputy Governor, Financial Systems 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
Figures obtained from the Central Bank of Nigeria revealed , banks’ demand deposits rose by N1.1tn in three months to N16.89tn as of the end of March 2022. According to the CBN, the figure, which Read More
