CBN levies banks N1b collateral to participate in OTC trade

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The Central Bank of Nigeria (CBN) has directed the nation's Deposit Money Banks to pledge N1 billion worth of government securities in their portfolio to participate in the Over-The-Counter (OTC) trade settlement.

from Google Alert - Business https://ift.tt/2J6fjCu
The Central Bank of Nigeria (CBN) has directed the nation's Deposit Money Banks to pledge N1 billion worth of government securities in their portfolio to participate in the Over-The-Counter (OTC) trade settlement. https://ift.tt/eA8V8J

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