Banks offload N4.4trn surplus liquidity into CBN’s SDF

NIGERIAN banks have placed about N4.4 trillion of surplus funds with the Central Bank of Nigeria (CBN) through its Standing Deposit Facility (SDF), as lenders seek safe returns on excess cash amid high money-market…

NIGERIAN banks have placed about N4.4 trillion of surplus funds with the Central Bank of Nigeria (CBN) through its Standing Deposit Facility (SDF), as lenders seek safe returns on excess cash amid high money-market…

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