Banks are recording higher net interest income, despite the CBN's frequent CRR debits chalking off significant amounts of their cash.
Sterling Bank Plc, one of Nigeria's tier 2 banks reported that the Central Bank of Nigeria's CBN restricted about N215.5 billion of its customer deposits as...
These debits have inevitably tightened liquidity in the banking system and bankers are complaining.
Among the 26 banks affected by the latest debits are regular "victims".
