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Nairaland Forum / Nairaland / General / Business / Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days (9112 Views)
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Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by dre11(m): 9:44am On Sep 23, 2023 |
The dependence of the Nigerian banking sector on the Central Bank of Nigeira (CBN) soared this month with banks’ borrowings from the apex bank jumping from N323.97 billion in August to N3.03 trillion in September, signalling a severe liquidity squeeze in the period. https://leadership.ng/banks-borrow-n3-03trn-from-cbn-up-by-835-in-22-days/ 2 Likes 1 Share
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Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by TemplarLandry: 9:46am On Sep 23, 2023 |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Taylor92: 9:46am On Sep 23, 2023 |
You all should borrowing while your online supporters loot rice from a moving vehicle in Ibadan Let the evil men support live and abide with them 21 Likes |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Nobody: 9:48am On Sep 23, 2023 |
If una dash me 2k inside that money now,will it change anything from you people? 7 Likes 1 Share |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Taylor92: 9:51am On Sep 23, 2023 |
darling4242: 🤣🤣🤣🤣🤣 Women and 2k 22 Likes 1 Share |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Nobody: 9:55am On Sep 23, 2023 |
Taylor92: I help's a lot,what you don't expect that 2k will do,can be done for us. 1 Like |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by RepoMan007: 9:59am On Sep 23, 2023 |
darling4242:if you offer them 2k of service, will it affect you? Freebie mentality is what brought us to this poverty level nationally. 10 Likes |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by RenaissanceGuy: 10:06am On Sep 23, 2023 |
Emefiele wrecked our economy. He and Buhari deserve a 20 year jail term. 6 Likes 2 Shares |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by rintileri: 10:09am On Sep 23, 2023 |
RenaissanceGuy:Now Emefelie is your new goal post for agbadorians! batshìt crãzy cornfusionists 18 Likes 1 Share |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by ecolime(m): 10:13am On Sep 23, 2023 |
Buhari suppose dey same cell with Emefiele. This same CBN mopped up the Banks cash under the guise of CRR. They in turn gave all the mopped up sterile cash to the last administration who spent these monies recklessly. When Banks are cash strapped, they go back to CBN to borrow some of "their own money" at an interest. In all these, na Tinubu wey let the lanky mumu rule us I blame 100%. Personally, I feel we deserve an apology 🙄... Nigeria's biggest mistake in history is Buhari. Cardoso has lots of work to do. 22 Likes 3 Shares |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Jennyclay(f): 10:50am On Sep 23, 2023 |
Biko, Come and use the money to take me out |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Akwamkpuruamu: 10:50am On Sep 23, 2023 |
The economy is in shambles. All thanks to the first class Chicago Ebola graduate 2 Likes |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by englishmart(m): 10:50am On Sep 23, 2023 |
Tinubu is the dumbest first class accountant the world has ever known. Even the cattle rearing certificateless Bubu is 20x better than the certificate forging bobo Chicago. My ronu neighbor asked me to help him with 5k to transport to work, I told him to show his ronu ID card to any cab man. I no get time for mumu people. 19 Likes |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by crestedaguiyi: 10:50am On Sep 23, 2023 |
Yet money apps are disturbing me, their fada. Even banks borrowing has increased astronomically , who are my 3 Likes |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Chetas81(m): 10:51am On Sep 23, 2023 |
GREET APC GOVERNMENT FOR ME 1 Like |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Offpoint1: 10:51am On Sep 23, 2023 |
😂 |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by money121(m): 10:51am On Sep 23, 2023 |
Ok |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Chetas81(m): 10:52am On Sep 23, 2023 |
darling4242:entitlement won't finish you |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Nbote(m): 10:54am On Sep 23, 2023 |
Nigeria is one big shithole |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Yankee101: 10:55am On Sep 23, 2023 |
For what? Is there financial stress? Look too much too soon |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Chetas81(m): 10:57am On Sep 23, 2023 |
Jennyclay:open an account with Instagram messenger, their waiting for you |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Nobody: 10:58am On Sep 23, 2023 |
Everything is so cheap. People are really enjoying 2 Likes |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Eriokanmi: 11:00am On Sep 23, 2023 |
Who can guess where all these borrowed money end up? Politicians' and associates pockets of course. Sadly, they give them these loans without collateral and most of them end up as bad debts. Imagine borrowing that money to invest in our youths. Nobody will consider japa as an option. Sadly the CBN, which is the apex Bank and should play its role as one , by monitoring those loans and ensure full utilisation in key sectors, is always look the other way. Na padi padi stuff. 1 Like 3 Shares |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by sofeo(m): 11:01am On Sep 23, 2023 |
Alright |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by wittywriter: 11:04am On Sep 23, 2023 |
Abracadabra economic policies. Shame on them so far. Wittyness. 1 Like |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by FireUpNow(m): 11:05am On Sep 23, 2023 |
crestedaguiyi:I am looking for an online loan app to loan me 150k to be paid back in 3 months and with low intey rate. |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by tesppidd: 11:05am On Sep 23, 2023 |
Are we still standing on Tinubu's manhood? Abi make we come down? |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by id4sho(m): 11:10am On Sep 23, 2023 |
Sell the country make we rest 1 Like |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by FreeStuffsNG: 11:10am On Sep 23, 2023 |
dre11:But the banks paid their interim dividends within same period their borrowings increased by almost 1000%! Did they borrow money from CBN to pay themselves dividends? Just doesn't make sense if CBN is indicting itself. Check my signature for free stuffs! 2 Likes |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by SalamRushdie: 11:14am On Sep 23, 2023 |
This is not a good sign at all , Las las Tinubu is proving Buhari will be better than him .. 1 Like |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by Nobaga500(m): 11:16am On Sep 23, 2023 |
If the plan propose by the president is properly executed, naija inflation will definatly be subdue. . Fistly, if FG can deal will this devaluation of naira, hardship will drastically reduce in naija. |
Re: Banks’ Borrow N3.03trn From CBN, Up By 835% In 22 Days by OgwuEgo: 11:21am On Sep 23, 2023 |
Na statistics we go chop 2 Likes |
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