CBN prepares to mop up N4.69tn as liquidity rises

🇳🇬 Punch Nigeria (NG) —
CBN prepares to mop up N4.69tn as liquidity rises

AI Summary

The Central Bank of Nigeria plans to withdraw N4.69 trillion from the financial system after banking liquidity rose 37% to N8.84 trillion. The move is aimed at absorbing excess liquidity.

The Central Bank of Nigeria is set to withdraw N4.69tn from the financial system after banking liquidity surged by 37% to N8.84tn, new data shows. Read More: https://punchng.com/cbn-prepares-to-mop-up-n4-69tn-as-liquidity-rises/

World Politics Markets Central Bank of Nigeria liquidity monetary policy banking Naira

Read original source →