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Banks’ Borrowings Rise By 737%
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 the period rose by 381 percent to N1.33 billion from N270 million in April 2020. However, banking system liquidity…