Monetary expert commends CBN for injecting N5.74trn into the - TopicsExpress

Monetary expert commends CBN for injecting N5.74trn into the system. Lagos – Mr Wale Abe, the Executive Secretary of Financial Markets Dealers Association (FMDA), says the N5.74 trillion facility given banks by the CBN will help to reduce interest rates in the country. Abe made the observation in an interview on Friday in Lagos. He also said that availability of liquidity in the financial system would encourage Nigerians to borrow from banks at low interest rates. continue reading... bit.ly/18c8aan

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