- The Central Bank of Nigeria has announced new lending rates for commercial, merchant, and payment banks
- CBN gives loans to banks using the Standing Lending Facility (SLF) and deposits from banks using the Standing Deposit Facility (SDF)
- The new rates are part of CBN’s ongoing efforts to manage liquidity and stabilise the banking sector amidst evolving economic conditions
Legit.ng journalist Dave Ibemere has over a decade of business journalism experience with in-depth knowledge of the Nigerian economy, stocks, and general market trends.
The Central Bank of Nigeria (CBN) has resumed lending to banks through the Standing Lending Facility (SLF).
