CBN Raises Banks’ CRR To 27.5% 1 min read Business & Economy CBN Raises Banks’ CRR To 27.5% Segun Akanni, Toronto, Canada January 24, 2020 The Monetary Policy Committee of the Central Bank of Nigeria on Friday altered the Cash Reserves Ratio...Read More
Banks Borrow N19.6tn From CBN Amid Rising Liquidity Problems 8 min read Business & Economy Banks Borrow N19.6tn From CBN Amid Rising Liquidity Problems Segun Akanni, Toronto, Canada January 12, 2020 Commercial banks borrowed a total of N19.64tn from the Central Bank of Nigeria in 2019, an increase...Read More