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Central Bank of Nigeria

The Standing Lending Facility to Be Aт 31.75 Per Cent as Approved at the 2961 Meeting of the Monetary Policy Committee (MPC)

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Author
Central Bank of Nigeria
Year
2024
Pages
1 page

This circular lifts the suspension of the Standing Lending Facility and permits authorised dealers to access it at 31.75 per cent following the Monetary Policy Committee’s adjustment of the standing facilities corridor. It also permits interest-free intraday lending to prevent system gridlock when repaid the…

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