As of October 11, 2024, Nigerian banks borrowed N930.7 billion from the Central Bank of Nigeria (CBN) via its Standing Lending Facility (SLF), a sign of an increase in the need for liquidity. The seamless functioning of the financial system is ensured by this short-term loan facility, which gives banks short-term borrowing to meet their … Continue reading Banks Use The CBN’s Standing Lending Facility To Borrow N930.7 Billion.