Commercial banks deposits with CBN hit N1.1trn in 11 days Reduce borrowing to N479bn
Motolani Oseni, Lagos Deposit Money Banks (DMBs) operating in the country have increased their deposits with the Central Bank of Nigeria (CBN) to a whopping N1.14 trillion in
just 11 business days, The Daily Times checks revealed. Latest financial data of the CBN, however, showed that a total sum of N479 billion was borrowed by banks operating in the country. Continued on page 3
MONDAY, JUNE 24, 2019
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