Liquidity Crunch: Banking Sector’s Borrowing from CBN Surges to N12 Trillion.
In a noticeable trend, Nigeria's commercial banks and merchant banks have been increasingly turning to the Central Bank of Nigeria ...
Tag: Economic Trends
Breaking: Headline Inflation Hits 24.08% for July 2023
The month of July 2023 marked a significant uptick in the headline inflation rate, as the figure surged to 24.08%, ...
Currency Outside Banks Surges to N2.26tn by June 2023, Reports CBN.
In a recent report released by the Central Bank of Nigeria (CBN), currency outside banks in the country reached a ...
UK Inflation Eases Slightly in June 2023 Amid Falling Fuel Prices and Moderate Food Costs
The Consumer Prices Index including owner-occupiers' housing costs (CPIH) in the UK increased by 7.3% in the 12 months leading ...
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