The Central Bank of Nigeria, CBN, today lifted the suspension on lending to banks through its Standing Lending Facility, SLF, adjusting the lending rate to 31.75 percent interest rate. CBN also said that commercial and merchant banks would earn a 19 percent interest rate on deposits above N3 billion in its Standing Deposit Facility (SDF). … Continue reading CBN Boosts Deposit Rates, Resumes Lending Facility