Super Eagles striker Ademola Lookman was in action for Atletico Madrid as they were held …
Read More »CBN raises Fixed Deposit Facility rate to control liquidity
The Central Bank of Nigeria has raised the interest rate on the Fixed Deposit Facility (SDF) as part of its ongoing efforts to control liquidity in the banking sector. This becomes important after the money supply (CIC) hit an all-time high of N4.04 trillion in June 2024. Money and Credit data released by the CBN also showed that currency outside …
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