Cash Reserve ratio (CRR) Archives

CBN’s CRR hike to mop banks’ liquidity by extra N1.6trn

Teliat Sule Oct 10, 2022

The recent hike in the cash reserve ratio (CRR) of deposit money banks from 27.5 percent to 32.5 percent by...

Hope Moses-Ashike Dec 15, 2021

The banking industry average net liquidity position declined by 23.3 per cent to N146.15 billion in August 2021 from N190.62...

Hope Moses-Ashike Nov 10, 2021

NIGERIA’S economy stands to benefit from the 100 for 100 Policy on Production and Productivity (PPP) of the Central Bank...

Hope Moses-Ashike Jan 11, 2021

Nigeria’s economy continues to bear the brunch for arbitrary deduction of Cash Reserve ratio (CRR) as the Central Bank of...

Hope Moses-Ashike Dec 11, 2020

The Central Bank of Nigeria (CBN) on Thursday conducted the first Special Bill auction, offering N4.1 trillion for 81-day tenor...