CBN bars banks from buying bills to boost lending

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Dayo Adeola with agency report. The Central Bank of Nigeria has barred banks from buying bills for their own accounts at an open market auction held on Thursday, a move intended to force them to lend rather than invest in government debt, traders said on ...

from Google Alert - Business https://ift.tt/2JQcasc
Dayo Adeola with agency report. The Central Bank of Nigeria has barred banks from buying bills for their own accounts at an open market auction held on Thursday, a move intended to force them to lend rather than invest in government debt, traders said on ... https://ift.tt/eA8V8J

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