Total assets and liabilities of
discount houses stood at N135.2 billion at the end of February 2015,
showing a decline f 20.4 percent below the level at end-January 2015,
Central Bank of Nigeria (CBN) has said.
The development was accounted for,
largely, by the 80.2 percent and 10.9 percent fall in claims on banks
and Federal Government, respectively.
Correspondingly, the decrease in total
liabilities was attributed to the 76.1 percent and 14.0 percent fall in
borrowings and money at- call.
