Banks besieged the Central Bank of Nigeria (CBN) for loans in response to the intense scarcity of funds,  as the volume of idle cash (liquidity) in the interbank money market plunged by 2,183 percent last week. Financial Vanguard analysis of data from the CBN shows that interbank money market liquidity opening level crashed to N12 … Continue reading Why Banks Are Besieging CBN For More Loans