Browsing: Banks
Excess Liquidity: Banks Stick to Risk-Free Bets to Boost Earnings The short-term benchmark interest rate climbed as deposit money banks…
SDF Placements Reduce as Banks Rotate Funds into OMO Bills The amount placed in the Standing Deposit Facility (SDF) of…
Naira Depreciates over Rising Foreign Payments The naira is not getting better at the official and parallel markets despite $100…
Reps Accuse Commercial Banks of Perpetrating Illegal Charges, Deductions The House of Representatives on Tuesday accused commercial banks of perpetrating…
Excess Liquidity: Banks Placements at SDF Window Rise to N3.2trn Deposit money banks’ (DMBs) placements at the Central Bank of…
Repo, Overnight Rates Stead as Banks Increase SDF Placement Repo and overnight lending rates held steadied as deposit money banks…
CBN Removes Cash Deposit Limits, Raises Withdrawal Threshold The Central Bank of Nigeria (CBN) has removed cash deposit limits and…
CBN Directs Banks to Refund App Fraud Victim in 48 Hours UPDATED: The Central Bank of Nigeria (CBN) has unveiled…
Auction: Treasury Bills Worth N700bn Set for Subscription The Central Bank of Nigeria (CBN) is now set to open N700…
CBN Sells N7.85tn in OMO Bills to Banks, Foreign Investors in Nov With banks and foreign portfolio investors as the…