Browsing: Central Bank of Nigeria

To enjoy this huge liquidity lifeline, accessed through the apex bank’s Standing Lending Facility, the banks paid N40.48 billion as interest to the CBN, representing 84 per cent increase from N22  billion paid in 2016. 

Speaking on the topic: “The Wealth of Nations and the Imperative of Economic Transformation,” Moghalu said: “As in individuals, so it is for countries. Those that have well developed worldview, with global strategic intent in a competitive world, tend to perform better than those that don’t.”