logo

CBN limits daily standing deposit facility to 2bn naira

PUBLISHED: Thu, 11 Jul 2019 14:17:59 GMT

Share

The Central Bank of Nigeria (CBN) capped the placement of the daily deposit through its Standing Deposit Facility, to 2 billion naira, effective from today. Nnamdi Nwizu, Co-Managing Partner at Comercio Partners joins CNBC Africa for more.


Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.

RELATED