CBN Eases Restrictions on Discount Window Access

• • 1 min read
CBN Eases Restrictions on Discount Window Access

ABUJA — The Central Bank of Nigeria has removed restrictions that limited banks' access to its Standing Lending Facility if they took part in the foreign exchange market or government securities auctions, according to a circular. The bank also resumed repurchase operations with tenors of four to 90 days and opened its open market operations to individuals, companies and non-bank financial institutions through commercial banks.

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