CBN Raises Banks’ Cash Reserves Ratio To 27.5 percent
Nigeria’s apex bank, Central Bank of Nigeria (CBN), has increased the Cash Reserves Ratio(CRR), of banks from 22.5 per cent to 27.5 per cent. The alteration was done by the…
Nigeria’s apex bank, Central Bank of Nigeria (CBN), has increased the Cash Reserves Ratio(CRR), of banks from 22.5 per cent to 27.5 per cent. The alteration was done by the…