
Banks’ borrowing from CBN rises 63% to N1.8trn
By Babajide Komolafe, Economy Editor The upward trend in banks’ borrowing from the Central Bank of Nigeria, CBN, persisted in May, rising by 63 per cent, Month-on-Month, MoM, to N1.8 trillion. The CBN has two short term lending windows for banks namely the Standing Lending Facility (SLF) and Repo lending. While the CBN lends money […]