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banking reserves

Business

Nigeria’s banking reserves skyrocket to N26.8trn in aggressive CBN tightening

By Seun Ibiyemi The Central Bank of Nigeria (CBN) under Governor Yemi Cardoso has seen a significant boost in Nigeria’s banking reserves, reaching N26.8 trillion in August 2024, up from N19.4 trillion a year earlier. This surge follows the CBN’s…

NewsDirect
September 30, 2024