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Cost of fund cuts banks’ borrowings by 12% to N69trn

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BREAKING NEWS: Did You Miss The 400 $ex T4pe of Equatorial Guinea senior official Baltasar Ebang Engonga? Quickly W4tch! Before They Are deleted Be The First Person To See The Full Videos. Now!Banks’ borrowings through the Central Bank of Nigeria, CBN, Standing Lending Facility, SLF, declined by 12.4 per cent Year-on-Year, YoY, to N69.37 trillion in the first eight months of the year (8m’25) from N79.23 trillion in 8m’24.

The CBN has two short term lending windows for banks; the Standing Lending Facility (SLF) and Repo lending.

It lends money to banks through the SLF at interest rate of 500 basis points (bpts) above the Monetary Policy Rate (MPR), and it also lends money to banks through Repurchase (Repo) arrangement, which involves the purchase of banks’ securities with the agreement to sell back at a specific date and usually for a higher price.

On the other hand, the CBN accepts deposits from banks through its Standing Deposit Facility (SDF) and pays an interest rate of MPR minus 100 bpts .

Trend analysis showed that banks’ borrowing through the SLF rose by 61 per cent, YoY to N50.46 trillion in Q2’25 from N9.38 trillion in Q1’ 25.

In July, banks’ borrowings stood at N6.63 trillion representing a 245.3 percent increase from N1.92 trillion in June 2025.

The upward trend reversed in August when borrowings fell by 39 percent to N4.04 trillion.

The apex bank conducted a liquidity mop up through regular sale of Open Market Operations, OMO treasury bills (TBs) during the period.

Vanguard’s findings from the apex bank showed that the CBN sold N14.55 trillion worth of Open Market Operation (OMO) Treasury Bills (TBs) in 8m’25, up 95.3 percent from N7.45 trillion in 8m’24.

BREAKING NEWS: Did You Miss The 400 $ex T4pe of Equatorial Guinea senior official Baltasar Ebang Engonga? Quickly W4tch! Before They Are deleted Be The First Person To See The Full Videos. Now!

Likewise, cost of funds in the interbank money market recorded a significant increase, with the average interest rate on Collateralized (Open Buy Back, OBB) lending at 26.5 per cent at the end of August 2025, up from 19 percent at the end of August 2024.

On the other hand, banks’ deposit with CBN, grew by 454.3 percent YoY to N95.4 trillion in the first eight months of the year (8m’25) from N17.21 trillion in the corresponding period of 2024 (8m’24), indicating excess liquidity in the banking system.

Trend analysis showed that banks’ deposits in SDF rose massively by 158.4 percent quarter-on-quarter (QoQ) to N49.68 trillion in the second quarter of 2025 (Q2’25) from N19.22 trillion in Q1’25.

In July, banks deposited N10.9 trillion, down by 29.2 percent from N15.4 trillion in June 2025.

However in August, deposits grew by 43 percent to N15.6 trillion.

The continuous strong patronage of the SDF reflects excess liquidity in the banking system and the effect of the CBN’s shift to a single-tier remuneration structure for the SDF last year.

The policy stipulated that all SDF deposits are remunerated at the Monetary Policy Rate (MPR) minus 100 basis points and with the current MPR at 27.5 per cent, this resulted in an SDF rate of 26.5 per cent.BREAKING NEWS: Did You Miss The 400 $ex T4pe of Equatorial Guinea senior official Baltasar Ebang Engonga? Quickly W4tch! Before They Are deleted Be The First Person To See The Full Videos. Now!

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Politics

Say Goodbye To These Diseases By Eating Sugarcane Regularly

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Say Goodbye To These Diseases By Eating Sugarcane Regularly

Sugarcane is often enjoyed as a sweet, refreshing treat, especially on hot days.

But beyond its natural sweetness, sugarcane is packed with nutrients and health benefits that can help your body fight off and even prevent several diseases.

Eating sugarcane regularly—or drinking its fresh juice—can be a simple, natural way to boost your health and say goodbye to some common illnesses.

One of the biggest benefits of sugarcane is its ability to support liver health.

Sugarcane juice is a natural detoxifier, helping to flush out harmful toxins from the liver and bloodstream.

It’s especially beneficial for people suffering from jaundice, as it helps restore the liver’s function and maintain the right levels of electrolytes in the body.

Regular consumption can keep your liver healthy and improve digestion.

Sugarcane is also a great friend to your digestive system.

It contains potassium and natural fiber, which help prevent constipation, bloating, and stomach acidity.

Drinking sugarcane juice after meals can improve bowel movements and support the growth of good gut bacteria, making your digestive system stronger and more balanced over time.

Another major health benefit is its positive effect on the kidneys and urinary system.

Sugarcane juice acts as a natural diuretic, encouraging urine flow and helping to keep your kidneys clean.

This can reduce the risk of urinary tract infections and kidney stones.

It also helps maintain proper hydration, which is crucial for kidney function.

For those concerned about infections and low immunity, sugarcane offers a natural boost.

It is rich in antioxidants, such as flavonoids and phenolic compounds, which fight free radicals and strengthen the immune system.

This can help your body ward off infections like colds, flu, and fever.

Lastly, sugarcane supports healthy skin and prevents acne.

Its detoxifying properties clear impurities from the blood, leading to a clearer, glowing complexion over time.

In short, sugarcane is more than just a sweet treat—it’s a natural medicine.

By eating sugarcane regularly or drinking its fresh juice, you can protect your liver, boost digestion, improve kidney health, strengthen immunity, and even achieve healthier skin.

It’s a simple, affordable, and tasty way to say goodbye to several common diseases naturally.

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Lifestyle

What Your Urine Color Says About Your Kidney Health

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What Your Urine Color Says About Your Kidney Health

The color of your urine can tell a lot about your kidney health and overall well-being. It is often the first sign that something may be off in your body. Paying attention to it can help you catch problems early.

Clear or light yellow urine is usually a good sign. It means you are well-hydrated, and your kidneys are working properly to filter waste. Drinking plenty of water often leads to this healthy color.

Dark yellow or amber urine may indicate dehydration. Your kidneys are concentrating urine to save water. Drinking more water usually helps return it to a lighter color. However, some vitamins and supplements can also darken urine.

Orange or brown urine can be a warning. It may be caused by certain foods, medications, or liver problems. It can also indicate bile buildup or a kidney issue. If it persists, seeing a doctor is important.

Red or pink urine can be alarming. Sometimes it is caused by eating beets or berries, but it can also indicate blood in the urine. This could result from kidney stones, infections, or more serious kidney problems. Immediate medical attention is advised.

Foamy or bubbly urine may indicate protein in the urine. This can be a sign of kidney damage. Persistent foaminess should not be ignored.

Very dark, almost black urine is rare but serious. It may suggest severe dehydration, liver problems, or a rare kidney disorder. Urgent medical evaluation is needed.

In summary, normal urine color ranges from pale yellow to light amber. Changes in color, especially if persistent, should not be ignored. Monitoring your urine and staying hydrated helps maintain kidney health. If unusual colors continue, it is important to consult a healthcare professional.

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