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NON-INTEREST BANKS
Non-interest banks borrowed N52.31 billion from the Central Bank of Nigeria (CBN) through the Funding for Liquidity Facility (FfLF) in 2023.
The bank's balance sheet grew to N300 billion at the end of the 2021 fiscal year, with an average of 30% growth so far, year on year, and a 40% profit margin year-on-year.
The Central Bank of Nigeria(CBN) has introduced two new financial instruments to aid liquidity management and deepen the...