Nigeria's leading finance and market intelligence news report.

Inter-bank system liquidity gets a boost as CBN refunds N300bn CRR to banks

There are indications that the Central Bank of Nigeria (CBN) on Thursday refunded banks Cash Reserve Ratio (CRR) and swap maturities to the tune of N300 billion, according to reports by financial market dealers. Although the details of the refund were not available at the time of this report, financial market dealers said only a…

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