Nigerian banks’ borrowing from the Central Bank of Nigeria’s (CBN) discount window, known as the Standing Lending Facility (SLF), is rising following a liquidity squeeze in the financial market. Standing facilities (deposit and lending) are instruments of liquidity management, according to the CBN. They serve as avenues to invest surplus funds overnight and to square […]
read more Banks’ borrowing from CBN rises, seen hitting N1.5trn in August
*Says: “I will assist and work with anyone who wins the election” Duro Ikhazuagbe Amaju Melvin Pinnick yesterday restated his earlier pronouncement not to seek a third term in office as president of the Nigeria Football Federation when his second term expires on September 20, 2022. Speaking yesterday on AriseTV, the CAF Executive Committee and FIFA Council member who has been speculated to be interested in a third term at […]
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