Nigeria: CBN Loans to Banks Jump By 173 Percent to N281 Billion

Nigeria: CBN Loans to Banks Jump By 173 Percent to N281 Billion

Nigeria: CBN Loans to Banks Jump By 173 Percent to N281 Billion

World-Bank-LogoThe Central Bank of Nigeria (CBN) loan to banks rose sharply last week by 173 per cent to N281 billion. Vanguard investigations reveal that lending to banks through the CBN’s standing Lending Facility (SLF) rose from N102.89 billion the previous week to N281 billion at the close of business on Friday.

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