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CBN’s Moves To Cap Banks’ T-Bills, Bonds Investments

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The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) recently announced that it would restrict banks’ access to government securities in order to redirect their lending focus to the private sector, with a view to spurring the much needed growth in the economy. Governor of the apex bank, Godwin Emefiele, who disclosed […]

Source: Financial Digest (financialdigest.net)

 

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